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Nafta talks are at a 'much better' point, says Mexico | |
(about 11 hours later) | |
Officials from the US, Canada and Mexico say they have made progress in tense negotiations on the North American Free Trade Agreement (Nafta). | |
Their remarks concluded the latest round of talks, the second-to-last before the negotiations are supposed to end in March. | Their remarks concluded the latest round of talks, the second-to-last before the negotiations are supposed to end in March. |
President Donald Trump has threatened to withdraw from the treaty, which governs more than $1 trillion in trade. | President Donald Trump has threatened to withdraw from the treaty, which governs more than $1 trillion in trade. |
A Mexican official said the discussions are at a "much better" point. | A Mexican official said the discussions are at a "much better" point. |
All three sides agreed to language governing anti-corruption during the latest round, while making progress on customs and food sanitation issues. | All three sides agreed to language governing anti-corruption during the latest round, while making progress on customs and food sanitation issues. |
"We are at a much better moment," Mexican Economy Minister Ildefonso Guajardo said at a press conference in Quebec, Canada. | "We are at a much better moment," Mexican Economy Minister Ildefonso Guajardo said at a press conference in Quebec, Canada. |
Analysts had described this meeting - the sixth since August - as a make-or-break moment for the deal. | Analysts had described this meeting - the sixth since August - as a make-or-break moment for the deal. |
Officials have said they want to finish negotiations before elections get under way in Mexico and the US later this year. | Officials have said they want to finish negotiations before elections get under way in Mexico and the US later this year. |
The sides remain far apart when it comes to some key questions, such as a US demand that cars have a higher proportion of parts made in the US to fall under NAFTA's tariff-free rules. | The sides remain far apart when it comes to some key questions, such as a US demand that cars have a higher proportion of parts made in the US to fall under NAFTA's tariff-free rules. |
US Trade Representative Robert Lighthizer said officials are starting to discuss those areas, but the talks remain slow-going. | US Trade Representative Robert Lighthizer said officials are starting to discuss those areas, but the talks remain slow-going. |
"We owe it to our citizens, who are operating in a state of uncertainty, to move much faster," he said. | "We owe it to our citizens, who are operating in a state of uncertainty, to move much faster," he said. |
Mr Lighthizer did offer some reassurance about future rounds, however. | Mr Lighthizer did offer some reassurance about future rounds, however. |
"We are committed to moving forward," he said. "I am hopeful progress will accelerate soon." | "We are committed to moving forward," he said. "I am hopeful progress will accelerate soon." |
Trade tensions | Trade tensions |
The Montreal gathering was the sixth meeting since Mr Trump requested to renegotiate the deal last year. | The Montreal gathering was the sixth meeting since Mr Trump requested to renegotiate the deal last year. |
His action followed through on promises made during the presidential election campaign, when Mr Trump blasted the deal for its role in a decline in manufacturing jobs. | His action followed through on promises made during the presidential election campaign, when Mr Trump blasted the deal for its role in a decline in manufacturing jobs. |
His stance is controversial within the US, with business groups and some top Republicans among the supporters of the deal. | His stance is controversial within the US, with business groups and some top Republicans among the supporters of the deal. |
The president's trade stance has also contributed to tension with America's closest neighbours. | The president's trade stance has also contributed to tension with America's closest neighbours. |
Earlier this month, Canada filed a wide-ranging complaint with the World Trade Organisation that charged the US with violating international trade rules in its investigation of subsidies and other questions. | Earlier this month, Canada filed a wide-ranging complaint with the World Trade Organisation that charged the US with violating international trade rules in its investigation of subsidies and other questions. |
While Mr Lighthizer raised the complaint in his comments, Canadian Foreign Minister Chrystia Freeland said she views it as a separate issue tied to US tariffs on Canadian softwood lumber. | While Mr Lighthizer raised the complaint in his comments, Canadian Foreign Minister Chrystia Freeland said she views it as a separate issue tied to US tariffs on Canadian softwood lumber. |
Canada hopes to negotiate a settlement on that question, she said. | Canada hopes to negotiate a settlement on that question, she said. |
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