Mexico Heading to Washington to Move NAFTA Forward

Dan Industry News Release, Trade

Mexican officials are on their way to Washington to work on the wording of the trade agreement between Mexico and the U.S.

mexicoA Bloomberg article says they’re prepared to enter a bilateral agreement with the U.S. that would leave current NAFTA partner Canada out of the trading block.

Kenneth Smith Ramos, Director of Trade and the NAFTA Office at the Mexican Embassy in Washington, will work on the wording of the agreement that President Donald Trump intends to sign by the end of November. Ramos will be the first high-level Mexican official to make the trip to Washington, D.C. since they announced the framework of an agreement in August.

In the meantime, Canadian officials are huddling with Prime Minister Justin Trudeau only two weeks after the nation re-joined the talks. Mexico has been vocal in wanting Canada to stay in the pact but is preparing for life without the third trading partner. Canadian Foreign Minister Chrystia Freeland is leading the efforts to hammer out a deal. Trudeau says on television that Canada won’t sign any agreement that isn’t too Canada’s advantage.

Source: National Association of Farm Broadcasting News Service.