

MEXICO CITY — Mexico will only remain within the North American Free Trade Agreement if the renegotiated treaty is good for the country, Foreign Minister Luis Videgaray said on Tuesday Oct. 10, as trade negotiators gathered in Washington for talks.
The talks to update the 23-year-old NAFTA pact have turned increasingly acrimonious, with Mexico and business groups warning that several U.S. proposals would limit trade.
Videgaray said Mexico must be ready for the “different scenarios” that the talks could produce. U.S. President Donald Trump was quoted on Tuesday as saying he believed NAFTA should be terminated, Reuters reported.

Meanwhile, as negotiators resume talks to overhaul Nafta in Washington on Wednesday Oct. 11, American business leaders are in Mexico City meeting with counterparts from the nation’s private sector and allies in government to discuss ways to defend the deal.
The meeting at the Four Seasons Hotel includes a conversation between executives and Economy Minister Ildefonso Guajardo, who oversees Mexico’s negotiating team, according to an agenda obtained by Bloomberg News. Guajardo’s office confirmed his participation. Foreign Minister Luis Videgaray and Finance Minister Jose Antonio Meade will also address the gathering, according to the schedule for the closed-door summit.
Led by executives from FedEx and Tenaris, more than 100 business and government officials attended the U.S.-Mexico CEO Dialogue in December, shortly after Donald Trump’s election, the last time the event was held in Mexico. U.S. Chamber of Commerce head Tom Donohue told attendees at that session that the biggest American business lobbying organization aimed to keep Trump from tearing up Nafta, according to three people with direct knowledge of the meeting. Donohue spoke at an American Chamber of Commerce event in Mexico City on Tuesday morning before a dinner kicking off the CEO event that night.
Sources: reuters.com; bloomberg.com
Comments
more recommended stories
Covid-19 in Yucatan: ”The pandemic is not over yet”, expert warns about summer vacations
The gradual rebound in Covid-19 infections.
IMSS Yucatan makes a public recognition to Nursing Staff
The Mexican Institute of Social Security.
Xcaret postpones the 14th edition of the Sacred Maya Journey
The return of the traditional Sacred.
A woman is crushed to death when a tree falls on top of her car on the Mérida-Valladolid highway
A strange accident happened on Thursday,.
With these local flowers, you help prevent the loss of bees in Yucatan
Every May 20, World Bee Day.
US government officials talk about UFOs publicly for the first time in 50 years
Two senior U.S. defense intelligence officials.
The US Embassy to invest 30 million USD in the “South of Mexico Generating Employment and Sustainability” program
In alliance with seven governments from.
Face-to-face courses return to La Ibérica de Mérida; they will celebrate a big event on Sunday
On Sunday, May 22, the Centro.
Construction worker arrested for sexual abuse against a maid inside a hotel in Tulum, Quintana Roo
The municipal police of Tulum, in.
Yucatan is about to receive the first cloud of dust from the Sahara desert in 2022
A cloud of dust from the.
Leave a Comment