Mexico wants more tweaks in NAFTA

The modernization of the 1994 North American Free Trade Agreement (NAFTA) has seen “very important developments”, though much remains to be done, Mexican Economy Minister Ildefonso Guajardo said on Monday. NAFTA partners Mexico, Canada and the United States are still at odds over many issues, Guajardo, who heads Mexico’s negotiating team, told reporters on the sidelines of an academic event. One of those issues is a proposal by the US to tighten the rules of origin in the automobile sector, a move both Canada and Mexico have opposed.