Canada and Mexico Reassure US About NAFTA Benefits

Canadian and Mexican senior officials expressed frustration with current American doubts about free trade, and said the benefits for the three countries should always be remembered during the current NAFTA renegotiation, the Associated Press reported Wednesday (21/2).

Canadian Ambassador to the United States David MacNaughton told a meeting of business and academic leaders at Arizona State University that better messages are needed to eliminate US concerns that the three countries successfully reorganize the North American Free Trade Agreement that has been in effect for 25 years .

He said the three countries should recognize that they can benefit by lowering tariffs and other barriers to international trade.

Ambassador Mario Chacon of Mexico promoting foreign trade and investment, told the group that the cause of the loss is largely American jobs is the result of technology, not free trade. "We lost our jobs because of robots, machines," Chacon said, adding that every country needs to train workers to fill new jobs in a developing economy. [as/al]

The Canadian-US-Mexican Business Group is Optimistic for NAFTA Breakthroughs

Business leaders on Friday expressed their optimism though cautiously, for a breakthrough in North American Free Trade negotiations.

Canadian, US and Mexican negotiators gather in Montreal for the sixth important round of talks , to overhaul the 1994 NAFTA pact, which was threatened by US President Donald Trump's abolition.

"I am optimistic," said Perrin Beatty, president of the Canadian Chamber of Commerce. "If we compare our current position with a few weeks ago, there seems to be some incremental step forward, that's positive," he said, noting that no proposal so far was directly "rejected."

"If there is a political will to make it happen, it is very likely, it can be done, "Beatty concluded.

Chairman of the US-Canadian Business Council, Maryscott Greenwood, based in Washington, agrees with that view and says:" Major policy makers in America now realize how important this is and they pay attention .

He noted, a congressional delegation of the United States for the first time to visit Montreal to participate in NAFTA negotiations.

"These congressmen are beginning to realize that this is not only important for Canada and Mexico, but also important for districts and their own states, and this is a very good development, "he said.

The round of talks in Montreal will end Art n by holding a joint press conference by Canadian Foreign Minister Chrystia Freeland, Mexican Economy Minister, Ildefonso Guajardo and US Trade Representative Robert Lighthizer. [ps/jm]