NAFTA Continuity in Mexico
NAFTA Continuity in Mexico
"The biggest issue in NAFTA is that there’s a fundamental difference as to how we view trade," said AS/COA's Eric Farnsworth on the outlook for the agreement renegotiation.
NAFTA CONTINUITY IN MEXICO: Mexican Foreign Minister Luis Videgaray reiterated on Friday that the outgoing and incoming governments will present a united front in NAFTA talks. Mexico, Canada and the U.S. still haven’t made official plans to reconvene on the trade talks, but Videgaray promised after a meeting with high-level U.S. officials that President Enrique Peña Nieto’s administration and President-elect Andrés Manuel López Obrador's team will work “as one front, as a joint front for Mexico — that’s how we’re working on the relationship with the United States.”
The new administration will officially take office on Dec. 1. The current government will work “in close coordination with López Obrador’s negotiating team on the free trade agreement,” Videgaray added, emphasizing that Mexico remains committed to working “at an accelerated pace to reach a successful [NAFTA] renegotiation as soon as it’s possible."
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