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NAFTA Negotiators Extend Length of Upcoming Round

Posted November 08, 2017

Under Economic Issues, International Trade Issues

(Eric Martin & Josh Wingrove – Bloomberg)

NAFTA negotiators plan to begin meeting in Mexico City two days ahead of schedule this month in order to give themselves more time to discuss the myriad issues covered under the 23-year-old trade pact, according to two people familiar with the plans. Mexico’s stock index briefly extended its gain.

Negotiators have organized talks to revamp the North American Free Trade Agreement into different rounds, and last met in October during round four in the Washington area.

The fifth round will run Nov. 15-21 rather than Nov. 17-21 as originally planned, according to the people, who asked not to be identified as the preparations aren’t public yet. Negotiators are giving themselves more time because they want to avoid scheduling conflicts, as many of them are discussing multiple topics that would overlap without the two additional days, one of the individuals said. The chief negotiators will join talks on Nov. 17 as previously scheduled, the other person said. Click here to read more.