Tradelines News

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

Mexico Sets Out NAFTA Goals Ahead of Re-negotiation Talks

Posted August 03, 2017

Under Economic Issues, International Trade Issues

(Gabriel Stargardter – Reuters)

Mexico has set out its goals for an upcoming re-negotiation of the NAFTA trade accord, according to a document seen by Reuters on Tuesday, prioritizing free access for goods and services, greater labor market integration and a strengthening of energy security.

The economy ministry document, circulating in the Mexican senate and dated July, will serve as the basis for Mexico’s position at the upcoming talks to update the North American Free Trade Agreement. The talks between Canada, Mexico and the United States are due to start in Washington on Aug. 16.

“Our objective is to have an expedited negotiation that maintains the benefits that we have achieved during the lifespan of NAFTA, but which at the same time serves as a platform for the modernization of the treaty,” the document says. Click here to read more.

Related: Prioridades de México en las Negociaciones Para Modernizar el Tratado de Libre Comercio de América del Norte (Secretaría de Economía)