Mexico says won't be rushed into bad NAFTA deal

By Kitco News / May 11, 2018 / www.kitco.com / Article Link

WASHINGTON (Reuters) - Mexico’s Economy Minister Ildefonso Guajardo said on Friday that there will be a trilateral NAFTA meeting at 1 p.m. Eastern Time with his U.S. and Canadian counterparts, even as he warned against rushing a new deal.

“I have to make very clear (that) the quality of the agreement and the balance of the agreement has to be maintained. So we are not going to sacrifice balance and quality for time,” Guajardo told reporters on the doorsteps of the U.S. Trade Representative’s office.

U.S. House Speaker Paul Ryan set a May 17 deadline to be notified of a new North American Free Trade Agreement to give the current Congress a chance of passing it, but Mexico’s top trade official said time was running short to meet such a deadline.

Reporting by David Ljunggren; Writing by Anthony Esposito

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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