Nafta-agreement: Two or three partners?

0
304

The United States and Mexico have surprisingly moved to the presentation of your in August, reached a trade agreement. Apparently Canada is to be brought into the boat.

Mexico’s economy Minister Ildefonso Guajardo said the publication of the agreed text of the North American free trade agreement (Nafta) has been postponed because the United States and Canada tried seriously to some. In the next 48 hours will show whether the new agreement will be a tripartite, or only for the USA and Mexico.

Mandatory Time Limits

The Text must at the latest be on Sunday evening, published on 30. November can be signed by US President Donald Trump and the outgoing Mexican President Enrique Pena Nieto. On 1. December enters its elected successor, Andres Manuel Obrador from office. He said before reporters in Mexico city, he will insist that all three countries are part of Nafta.

USA want to deficits, no trade more

The Nafta agreement was concluded in 1994 between the three countries and governs one of the three largest free trade zones in the world. It affects almost 500 million people and a territory that covers an economic output of nearly 23 trillion dollars. The volume of trade of the USA with the two neighbours has quadrupled since 1994 to $ 1.3 trillion almost.

Trump had made the agreement in question and renegotiation. These were repeatedly Stalled. The US President, sees free trade with neighboring States is critical, because it is from the point of view of the United States, two countries with a significant trade deficit.

fab/nob (dpa, rtr)