The federal government will begin a process of consultation with the private sector, prior to the negotiation of the North American Free Trade Agreement with the US, which will continue on a permanent basis.
The Mexican government will initiate this formal consultation process with the private sector and other relevant stakeholders for 90 days to set the parameters that will guide the review and deepening of the North American Free Trade Agreement (NAFTA).
The Ministry of Foreign Affairs (SRE) and the Ministry of Economy (SE) pointed out that this process will continue permanently once the negotiation begins, according to Notimex.
“This consultation in Mexico begins simultaneously with the similar process that the US government will carry out internally for its own purposes”, the ministry said in a statement.
The consultation process in Mexico will be coordinated by the Secretariat of Economy through the established regular mechanisms and with an active participation of the Senate of the Republic, according to its corresponding powers in matters of foreign policy.
“This consultation process is absolutely necessary to achieve a modernization of NAFTA that serves the national interest, as it is being done in the case of the Agreement between Mexico and the European Union, a negotiation that will also take place in 2017,” the SRE statement concluded.
more recommended stories
Tour Mexico’s Yucatan Peninsula and explore ancient Maya culture
The archaeological sites of the Maya.
OPINION: AMLO will fight the drug war in a different way
Phillip Smith is a writer, author.
Top 10 things you should know about NABCO Ghana
While NABCO is still a new.
Mérida City Council will take “vulnerable social groups” representatives to visit Logos Hope
MÉRIDA, Yuc.- The City Council of.
Four deaths in Yucatán due to Influenza: State Health Secretariat
After days of waiting to have.
Mexico opposes U.S. plan to make it take asylum seekers -document, source
MEXICO CITY, July 12 (Reuters) –.
Mexican scientists develop fetal monitoring device
Specialists from the Center for Industrial.
800,000 tourists are expected to visit Yucatan this summer
“During this summer holiday season it.
Yucatecan guayabera will be present at the Central American and Caribbean Games of Barranquilla 2018
The president of the National Chamber.
Mérida teen electrocuted by cell phone charger cable
A 15-year-old girl died after she.