Mexico encouraged to to continue NAFTA talks: Guajardo

Vastavam web: Mexico is “encouraged” to keep working with the United States to update the North American Free Trade Agreement (NAFTA), Mexico’s Economy Minister Ildefonso Guajardo said after a two-hour meeting with U.S. Trade Representative Robert Lighthizer on Wednesday.In the Washington meeting, the officials took stock of developments from negotiators working over the weekend, Guajardo told reporters.

“We are definitely encouraged to keep on working, basically covering all the items that we have to cover and we added a list of things that we’ll be talking about tomorrow,” said Guajardo.Asked if a deal would be reached on the contentious rules of origin for autos, Guajardo repeated that “nothing is agreed to until everything is agreed to.”

The United States has demanded tougher rules of origin, particularly on what percentage of a car needs to be built in the NAFTA region to avoid tariffs.