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Weekly Report - 23 November 2017 (WR-17-46)

MEXICO: Nafta renegotiations stagnate

The fifth round of the renegotiation of the terms of the North American Free Trade Agreement (Nafta) between Mexico, the US, and Canada took place in Mexico City (CDMX) this week. Up until the third round of Nafta talks, the negotiators agreed that they had been making steady progress in the complex negotiations. That changed in the fourth round when the US presented some tough demands that were largely rejected by Mexico and Canada. It was hoped that the fifth negotiating round would put the talks back on track and lead to some significant progress being made on some of these sticking points. However, the latest negotiating round proved to be disappointing as no meaningful progress was made.

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