Mexico Urges Restart of NAFTA Talks

The president-elect of Mexico is urging President Trump to restart NAFTA negotiations, warning that a protracted delay will harm investment in the region.

“In the matter of trade, I think it is worth making an effort to conclude the renegotiation of the North American Free Trade Agreement. I think that prolonging the uncertainty could slow down investments in the medium and long-term, which obviously hinders economic growth in Mexico and, therefore, the government’s strategy that I will lead that seeks to generate jobs and better living conditions for all Mexicans,” Andrés Manuel López Obrador wrote in a July 12 letter to Trump published on his website July 22. “At this point, I propose to resume negotiations with the participation of representatives from Mexico, Canada and the United States. Our transition team would participate in coordination with the officials of the current Mexican government.”