Published On: Sat, Feb 4th, 2017

Mexico starts talks with businesses on coming NAFTA renegotations

Share This
Tags

The Mexican government said Wednesday February 1 it will open a 90-day consultation period with private business groups about possible changes to the North American Free Trade Agreement.

U.S. President Donald Trump wants to re-negotiate NAFTA, a trade pact with Mexico and Canada in operation since 1994.

Mexico says it will negotiate changes, but won’t accept import quotas or new tariff barriers.

Mexico’s Economy Department said the consultations will be held simultaneously with similar talks in the United States.

Trucks wait in the queue for border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico, November 2, 2016. (PHOTO: REUTERS/Daniel Becerril)

Trucks wait in the queue for border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico, November 2, 2016. (PHOTO: REUTERS/Daniel Becerril)

Manufacturers in Mexico have benefited from the pact, but Mexico’s small farmers say they’ve been hurt.

On Tuesday, President Enrique Peña Nieto reached an agreement with state governors to use their states’ offices in the United States to help protect migrants there.

Trump has pledged to increase deportations.

Source: www.eluniversal.com.mx

Mexico Travel Care

footer-john-2


Comments

comments

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>