U.S., Mexico and Canada hasten NAFTA talks as elections loom: Pena Nieto

U.S., Mexico and Canada hasten NAFTA talks as elections loom: Pena Nieto

 
0.0
 
0.0 (0)
1   0   0   0
Write Review
PERUAMERICASSUMMIT.jpg
The United States, Mexico and Canada will expedite NAFTA talks in a push to reach a deal in coming weeks, Mexico's president said on Saturday after a meeting with the U.S. Vice President and Canadian Prime Minister.

On the sidelines of the Summit of the Americas in Lima, Peru, Mexican President Enrique Pena Nieto, U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau said they thought an agreement could be reached before Mexican elections on July 1, although they also said no deadlines had been set.

“We agreed to keep up work towards reaching a deal and to summon our special negotiating teams to accelerate their efforts,” Mr. Pena Nieto told reporters after meeting Mr. Pence.

“It was the same thing I agreed to with Prime Minister Trudeau,” Mr. Pena Nieto added. “We hope in coming weeks we can reach an agreement.”

The three countries, which created the world's largest free trade region by forming the North American Free Trade Agreement (NAFTA) in the 1990s, are under pressure to renegotiate the deal before Mexicans elect a new President in July.

There are concerns U.S.-Mexico relations could get rockier with Mr. Pena Nieto, a centrist, unable to seek a second six-year term due to Mexico's term limits.

U.S. President Donald Trump has threatened to kill NAFTA if it is not changed to secure better terms for U.S. workers and companies. In Mexico, leftist presidential frontrunner Andres Manuel Lopez Obrador has vowed to cut the country's economic dependence on foreign powers and to put Mr. Trump “in his place.”

With U.S. mid-term congressional elections also pending in November, Mr. Trudeau said Canada would defer to Mexico and the United States on a timeline.

“Of course, we'd like to see a re-negotiated deal land sooner than later,” Mr. Trudeau said in a press conference, citing Mexican and U.S. elections as a factor in timing. “We have a certain amount of pressure to try to move forward successfully in the coming weeks.”

On Friday, U.S. Commerce Secretary Wilbur Ross said provincial elections in Canada in June were also a factor, and that a deal in May was possible.

Mr. Trudeau told reporters there has been “potential progress” regarding car manufacturing and “a broad range of things”, however, no new details have emerged from the Lima conference on any specific agreements.

On Friday, auto industry executives said U.S. trade negotiators significantly softened their demands to increase regional automotive content under a reworked NAFTA trade pact in an effort to seal a deal in the next few weeks.

After meeting Mr. Pena Nieto and Mr. Trudeau separately, Mr. Pence said he was leaving the summit “very hopeful that we are very close to a renegotiated NAFTA.”




   




“There is a real possibility that we could arrive at an agreement within the next several weeks,” Mr. Pence said.



Source:http://www.thehindu.com/news/international/us-mexico-and-canada-hasten-nafta-talks-as-elections-loom-pena-nieto/article23546465.ece

User reviews

There are no user reviews for this listing.
Already have an account? or Create an account
Movie Reviews

Race 3 Hindi Movie Review, Rating -2/5

Jun 15, 2018 55
Bottom Line: Close to reality, Salman races on screen this time to kill the audience.

Sammohanam (2018) Telugu Movie Review, Rating -2.5/5

Jun 15, 2018 65
Bottom Line: A light-hearted take on the life of actresses, which ends as a fair attempt,…

Naa Nuvve Telugu Movie Review, Rating -2.25/5

Jun 14, 2018 55
Bottom Line: Tamannaah alone shines in this visually and musically appealing lackluster…
Restaurant Reviews

Motivational essay: fantastic tips to come to be a student

Jun 15, 2018 34
Default Image
This could be the time from the year. Higher college learners are anxiously looking for…

How you can write an essay correctly? Ways to create an Essay Manual

Jun 15, 2018 37
Default Image
The capability to appropriately and correctly create an essay can inform a lot about its…

How can a single boost their creating over the GRE AWA?

Jun 05, 2018 53
Default Image
How can a single boost their creating over the GRE AWA?Compose My College Papers for…
Latest Yellow Pages
Mar 06, 2018

Andhramess Allen

Andhra Mess– Is the most popular South Indian Restaurant situated in Allen, US. We have…
Dec 04, 2017

Best deals on International flights

IndianEagle.com is an innovative online travel company that enables its customers to book…
Sep 05, 2017

Roy Photography

Experienced in Indian and South-Asian Weddings and event photo and video services. Speaks…
Aug 02, 2017

Pista House

Pista House is known for meeting the diverse needs of customers thanks to its use of best…
Latest Classifieds
Jun 19, 2018

Enjoy a Healthier Life with our Organic & Natural Food Range

MyHomeGrocers is leading online store that offers 100% natural & organic products at best…
Jun 15, 2018

Say No To Heavy Shopping Bags Shop all Your Grocery Needs Online

Say No To Heavy Shopping Bags Shop All Your Grocery Needs Online
Jun 12, 2018

Ramadan Special OUR GRAND SALE FOR VEGGIES AND FRUITS THIS WEEK

Ramadan Special OUR GRAND SALE FOR VEGGIES AND FRUITS THIS WEEK!BEAT THE SUMMER WITH…
Jun 04, 2018

DEVOPS Training Schedule (Weekend Batch).

DEVOPS Training Schedule (Weekend Batch). Training Type: Online Live Interactive Training…
Training
Default Image
Feb 03, 2018

DevOps Online Training Live Demo Feb 05, 2018(Monday) @7.00am IST

DevOps Online Training Live Demo Feb 05, 2018(Monday) @7.00am IST For USA Students Feb…
Default Image
Jan 31, 2018

selenium Training - learntek

Learntek: Selenium Training Schedule. Course Title: Selenium Training. Training Type:…
Jan 25, 2018

SAP Simple Finance Training by SAP Certified Industry Experts

We provide services throughout USA, UK, Australia,UAE, Canada, Saudi Arabia, New Zealand,…
Jan 04, 2018

Tableau Training Institute in Noida

Tableau computing device is a business intelligence andinformation visualization tool…