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Mexico Says NAFTA Deal Unlikely This Week, Canada Upbeat
Wednesday, 16 May 2018 17:15 WIB | GLOBAL |ekonomi

Mexico's economy minister said that he saw diminishing chances for a new North American Free Trade Agreement ahead of a Thursday deadline to present a deal that could be signed by the current U.S. Congress.

U.S. House Speaker Paul Ryan has said that the Republican-controlled Congress would need to be notified of a new NAFTA deal by Thursday to give lawmakers a chance of approving it before a newly elected Congress takes over in January.

œIt is not easy. We do not think we will have it by Thursday, Mexican Economy Minister Ildefonso Guajardo told broadcaster Televisa on Tuesday.

But Canadian Prime Minister Justin Trudeau struck a more upbeat tone, telling reporters in Calgary a few hours later, œThere is very much an eminently achievable outcome ... and we are very close.

œWe are going to continue to remain optimistic, said Trudeau. He met with U.S. President Donald Trump on Monday and discussed the possibility of bringing NAFTA talks to a œprompt conclusion.

Negotiators from the United States, Mexico and Canada have been in intense talks since last month to try to reach a deal before U.S. congressional elections in November. Mexico™s presidential vote on July 1 also complicates the process.

Source: VOA news

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