Gov­ern­ment ready to tackle tough is­sues in NAFTA talks

The Washington Times Daily - - WORLD -

MEX­ICO CITY | Mex­ico says it is will­ing to talk about tough is­sues in the rene­go­ti­a­tion of the North Amer­i­can Free Trade Agree­ment, which is set to start Aug. 16.

Canada has strongly op­posed a U.S. pro­posal to elim­i­nate bi­na­tional dis­pute res­o­lu­tion pan­els in which ex­perts now re­view de­ci­sions to im­pose tar­iffs or quo­tas. But Mex­ico’s econ­omy sec­re­tary says he isn’t tak­ing take an im­me­di­ate po­si­tion on the pan­els, though he adds that Mex­ico wants to “mod­ern­ize” the process.

Econ­omy Sec­re­tary Ilde­fonso Gua­jardo said Wed­nes­day that Mex­ico would be will­ing to put stronger la­bor and en­vi­ron­men­tal guar­an­tees in NAFTA. The is­sues were pre­vi­ously rel­e­gated to weak “side agree­ments.”

Mex­ico also wants the en­ergy sec­tor in­cluded in the agree­ment. It wasn’t cov­ered by the orig­i­nal 1994 trade pact be­tween the three coun­tries.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.