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Canada: agreed with U.S. that NAFTA talks to go on, no date set

Kitco News

(Reuters) - Canada agreed with the United States on Thursday that slow-moving talks to update NAFTA should continue although the two sides did not set a date, Canadian Foreign Minister Chrystia Freeland told reporters.

Freeland, speaking in Washington after she met U.S. Trade Representative Robert Lighthizer, also said the United States, Canada and Mexico agreed meaningful progress had been made so far on the North American Free Trade Agreement.

Negotiations started last August and were initially scheduled to finish by the end of December. That deadline has been extended several times as Canada and Mexico struggle to accommodate far-reaching U.S. demands for change.

“We decided ... to continue our negotiations on NAFTA,” Freeland said in remarks shown on Canadian television. “We will be working hard over the summer.”

Although Lighthizer had initially pressed for a quick deal to avoid conflicting with a Mexican presidential election on July 1, Freeland said the three nations agreed they could continue the talks.

“We didn’t set specific dates today. We talked about following up on setting up specific dates for meetings and that is what we are going to do,” she said.

Reporting by David Ljunggren; Editing by Chizu Nomiyama and Nick Zieminski

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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