A window of opportunity to advance in NAFTA

PUERTO VALLARTA. The Secretary of the Economy, Ildefonso Guajard or, revealed that visualizes on the horizon the negotiation of the Free Trade Agreement of the # 39; North America ( NAFTA ) opening the possibility to address some difficult issues that could not be resolved, which can be reinforced by the forthcoming meeting with Canada's Minister of Foreign Affairs, Chrystia Freeland, and with US Trade Representative Robert Lighthizer

"We are resuming the Mexican Ministerial Meeting with the United States; we will discuss with Minister Freeland and it is clear that there is a window of opportunity to address a series of open questions, fortunately not very many, but very complex, "said Guajardo, interviewed in the context of the XIIIth Summit. Pacific Alliance.

After a two-month suspension, NAFTA's top-level negotiators will meet this week.

The window of opportunity, added the official, has greater viability to integrate Jesus Seade and the transitional team of virtual elected president López Obrador in the negotiation, since this question is addressed with a unique vision of the state, which will allow greater certainty to the agreement.

"What would it imply if we reached an agreement (in negotiation) that it be supported by the government that ends, but that at the same time it is processed by the government that starts, it gives more credibility to support what has been negotiated over time, "said Guajardo

. they are the "sunset clause", the rules of origin and the solution of controversies.

TRUMP PRAYERS

Yesterday the President of the United States, Donald Trump, badured that Andrés Manuel López Obrador, virtual elected president, is a "Grand Person" and says that both will have to work to achieve something "spectacular" and "positive" . "We are talking to Mexico about NAFTA and I think we are going to achieve something, the new president (from Mexico) is a great person, he did a great job and got a very good vote. talked about doing something spectacular and positive for both nations, "said President Trump

in this regard, Marcelo Ebrard, proposed by López Obrador as head of the Ministry of Foreign Affairs, felt that Trump's comments are encouraging. ] Faced with favorable expectations in the renegotiation of NAFTA, the peso regained ground against the US dollar during the session yesterday. The interbank dollar closed at 18.9995 pesos, or 5.9 cents less than on Friday

THEY COULD CONCLUDE NAFTA IN AUGUST

Mexico redoubles efforts to reach an agreement from NAFTA at the end of August certainty for investors and take off weight " to the virtual elected president, Andrés Manuel López Obrador people aware of the negotiations.

An agreement next month would allow López Obrador to focus on his national development priority, while protecting him from any possible criticism that implies the outcome of negotiations, according to sources, who asked not to be identified because the conversations are private.

Interviewees warned that the technical discussions of the advance of the treaty, an agreement depends on the willingness of the United States to reject the proposals to oppose the business groups of Mexico , Canada and the United States, such as the "sunset clause" and the termination of panel dispute settlement.

 According to information from Bloomberg *