NAFTA talks reach the ‘very best’ point


Officials from the US, Canada and Mexico say they have made headway in tense negotiations on the north american Free Trade Agreement (NAFTA).

Their observations concluded that the last round of talks, the second-to-last before the conclusion of the negotiations should end at the end of March.

The president, Donald Trump has threatened to withdraw from the treaty, which governs more than $1 trillion in trade.

A Mexican official said that the discussions are “much better” point.

All three parties have agreed to language in the anti-corruption during the last cycle, while making progress in the field of customs and food and sanitation issues.

“We are at a better time,” Mexican Economy Minister Ildefonso Guajardo said at a press conference in Quebec, Canada.

Analysts had described at this meeting, the sixth from the month of August – make-or-break moment for the deal.

Officials have said they want to complete the negotiations before the elections in Mexico and the UNITED states at the end of this year.


The sides remain far apart when it comes to some key questions, for example, a question that cars have a higher percentage of parts in the US to fall under the NAFTA tariff-free rules.

US Trade representative Robert Lighthizer said that officials are starting to discuss those areas, but the talks remain slow-going.

“We owe it to our citizens, that operate in a state of uncertainty, to move much more quickly,” he said.

Mr. Lighthizer did offer some reassurance on future rounds, however.

“We are committed to going forward,” he said. “I hope progress will accelerate as soon as possible.”Trade tensions

The Montreal meeting was held the sixth meeting of Mr Trump’s request to renegotiate the agreement last year.

His action followed up the promises made during the election campaign, when Mr. Trump blasted the deal for his role in the decline in manufacturing jobs.

His position is controversial within the UNITED states, with business groups and some Republicans among the supporters of the deal.

The president, commercial position, also contributed to the tension with America more and more neighbors.

At the beginning of this month, Canada filed an extensive complaint with the World Trade Organization which is located in the USA of violating the international trade rules in its investigation of subsidies and other questions.

While Mr. Lighthizer raised the complaint in his comments, the Canadian, the Minister of Foreign affairs Chrystia Freeland has said she views as a separate matter tied to US rates and Canadian conifers.

Canada hopes to negotiate a settlement on the issue, he said.