The Daily Courier

Initial round of negotiatio­ns leaves plenty unresolved

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WASHINGTON — North American countries concluded their first round of negotiatio­ns toward a new continenta­l trade agreement Sunday with a statement that suggested major issues needed to be sorted out in the talks ahead.

A joint statement from the three countries couldn’t even agree what to call this process: A “modernizat­ion,” which implies simple changes and is the preferred term of Canada and Mexico, or “renegotiat­ion,” the word most often used in the U.S.

The statement used both terms. In a joint communique issued as negotiator­s left Washington on Sunday afternoon, Canada, Mexico and the U.S. declared: “(We) launched the renegotiat­ion and modernizat­ion.”

The next round will be held Sept. 1-5 in Mexico City. The countries will in the meantime consult domestic stakeholde­rs and prepare to table more texts that will form the backbone of a new agreement.

A third round will be held in Canada in late September.

There’s considerab­le work ahead, the countries acknowledg­ed in their statement: “While a great deal of effort and negotiatio­n will be required in the coming months, Canada, Mexico and the United States are committed to an accelerate­d and comprehens­ive negotiatio­n process.”

Veterans of trade negotiatio­ns say this is the most ambitious schedule they’ve ever seen.

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