If Mexico, the U.S. and Canada don't renegotiate the North American Free Trade Agreement in two months, Washington might put the talks on the back burner until after a new Mexican president is elected or takes office, U.S. trade representative Robert Lighthizer said Monday.
He spoke after the seventh round of renegotiation talks wrapped up in Mexico City with little progress reported.
"The window is fairly short. It's not like we can do this in my judgment, at the end of May and think we can get anything done," Lighthizer said. "It's not irrational to think you would have lower speed talks at some point, just to keep the talks going ... and wait until after the elections," referring to Mexico's July 1 presidential election.
"The question is: 'Til when? When do you start up — after the election, or do you start up after the new president is in place and has his own people in place," Lighthizer said.
Source :- abcnews
He spoke after the seventh round of renegotiation talks wrapped up in Mexico City with little progress reported.
"The window is fairly short. It's not like we can do this in my judgment, at the end of May and think we can get anything done," Lighthizer said. "It's not irrational to think you would have lower speed talks at some point, just to keep the talks going ... and wait until after the elections," referring to Mexico's July 1 presidential election.
"The question is: 'Til when? When do you start up — after the election, or do you start up after the new president is in place and has his own people in place," Lighthizer said.
Source :- abcnews
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