20.
08.18
12:59

NAFTA talks cut Mexico's demand for US agricultural commodities

As a result of the renegotiation of the North American Free Trade Agreement (NAFTA), the US has sustainably reduced Mexico's demand for US agricultural goods, Mexico's agricultural lobbyists said on Saturday.
Talks about the 24-year free trade agreement are now entering the crucial phase and Mexico's Economics Minister Ildefonso Guajardo says the remaining points will be resolved by the middle of this week.
Most of the negotiations, which have been going on for more than a year, related to the automotive industry. The US government wants to make sure more cars are manufactured in the US.
A controversial point was the Trump government's proposal to fix some import volumes for some agricultural goods from Mexico. But that has rejected Mexico and the proposal is for the time being from the table. Now you turn to the other topics, which are still unclear.
Canada, which did not participate in recent rounds of talks because the issues concerned only Mexico and the US, will be back at the negotiating table soon.

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