Tradelines News

Get the latest news and updates on cross-border customs and international trade.

End of NAFTA Wouldn’t Be ’End of World’: Mexican Leftist’s Top Diplomat

Posted February 12, 2018

Under Economic Issues, International Trade Issues


(Lizbeth Diaz & Frank Jack Daniel – Reuters)

The collapse of NAFTA would not be a disaster for Mexico, the top foreign policy advisor to leftist presidential election frontrunner Andres Manuel Lopez Obrador said, adding that Mexico should depend less on the United States and not interfere with regional neighbors.

Veteran diplomat Hector Vasconcelos echoed Lopez Obrador’s position that Mexico should suspend talks to renegotiate the North American Free Trade Agreement until a new government is elected in July, and said Mexico had other trade options.

“We have alternatives, if for any reason we don’t manage a good renegotiation of the free trade deal, it wouldn’t be the end of the world,” Vasconcelos told Reuters in an interview on Thursday. Click here to read more.

Related: 70,000 Alabama Jobs Said at Risk if NAFTA Talks Crash (AL.com)