U.S. Trade Representative Robert Lighthizer issued this statement on the conclusion of the 5th round of NAFTA renegotiations in Mexico City on Tuesday Nov. 21…
Washington, DC – U.S. Trade Representative Robert Lighthizer today released the following statement on the conclusion of the fifth round of renegotiations in Mexico City, Mexico for the North American Free Trade Agreement (NAFTA):
“While we have made progress on some of our efforts to modernize NAFTA, I remain concerned about the lack of headway. Thus far, we have seen no evidence that Canada or Mexico are willing to seriously engage on provisions that will lead to a rebalanced agreement. Absent rebalancing, we will not reach a satisfactory result.
“A rebalanced, updated NAFTA will promote greater prosperity for American workers, farmers, ranchers and businesses and strengthen the North American region as a whole. Our teams will be meeting again next month in Washington. I hope our partners will come to the table in a serious way so we can see meaningful progress before the end of the year.”
Meanwhile, Reuters reported that measures to increase Mexico’s minimum wage, a key issue of contention in the talks, have failed to impress U.S. and Canadian officials.
Mexico will raise its minimum wage to $4.71 per day next month, President Enrique Pena Nieto said on Tuesday, a 10 percent hike unlikely to satisfy U.S. and Canadian NAFTA negotiators who see low Mexican salaries as unfair competition.
Starting in December, Mexican workers will earn at least 88.36 pesos ($4.71) per day, up from 80.04 pesos.
During the renegotiation of the North American Free Trade Agreement, Mexico has come under criticism for poor worker conditions, which the United States and Canada say allow it to benefit disproportionately from the pact.
Along the border, U.S. average wages are about five times higher than Mexican wages, one of the largest per capita wage differentials of any land border on the planet.
TYT Newsroom with information from reuters.com and U.S. Trade Representative press release
more recommended stories
Mexico judge approves recreational cocaine for two users
A Mexican judge has granted two.
Former Canadian consul murdered in Cancun
In a preliminarily report it was.
Central Mexico states of Guanajuato and Querétaro want their own version of the Maya Train
The governments of Guanajuato and Querétaro.
8.7 Million Tourists Expected to Cruise to Mexico in 2019
The cruise industry in Mexico continues.
Mexican families scour arid plains for graves of disappeared
TORREON, Mexico (Reuters) – Fifteen years.
Chinese art exhibition kicks off in Mexico to convey message of peace
An exhibition of paintings, etchings and.
Mexican edible insects: The new superfood?
For most people in Mexico, eating.
Before the summer ends, you can still tour the Route of the Cenotes in Quintana Roo!
The Ocean covered the Yucatan peninsula.
Mexican student accepted in NASA’s Space Program for the third time
Felipe Ávila Gómez is a Mexican.
Migrant Boy, 3, Swept Away With His Mom in the Rio Grande
U.S. Border Patrol agents are searching.