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Weekly Report - 20 February 2014 (WR-14-07)

MEXICO: Preparing for a post-Nafta world

President Enrique Peña Nieto tried his level best as host but ultimately the North American Leaders Summit on 19 February was overshadowed by other events. US President Barack Obama only flew in for eight hours for the trilateral meeting with Peña Nieto and Canada’s Prime Minister Stephen Harper and was constantly distracted by goings-on elsewhere. In the run-up to the summit a host of think tanks produced reports to mark the 20th anniversary of the entry into force of the North American Free Trade Agreement (Nafta). There was a dearth of specific agreements at the summit but a general commitment to increase Nafta’s competitiveness, and prepare for what US Secretary of State John Kerry described last month as “moving to the next tier, post-Nafta” by launching a Trans-Pacific Partnership (TPP).

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