Latinnews Daily - 30 January 2018

* Mexico’s economy minister, Ildefonso Guajardo, has said that the negotiating teams from Mexico, Canada, and the US succeeded in making some progress in the renegotiation of the terms of the North American Free Trade Agreement (Nafta) during the sixth round of these negotiations held in Montreal, Canada, from 23-28 January. The sixth negotiating round was the penultimate round scheduled by the three parties to try to reach a new deal and was considered to be critical given the slow progress achieved in the previous rounds. Guajardo noted that the three sides have now reached an agreement on the deal’s anti-corruption chapter and made further progress in the chapters on telecommunications and digital trade, and Guajardo said that he hoped that agreement on these chapters could be reached in the next negotiation round scheduled to take place in Mexico in February. Similarly, US Trade Representative Robert Lighthizer recognised that some progress had been made in the sixth round but he complained that talks are still moving too slowly for the US’s liking. “This round was a step forward, but we are moving very slowly”, Lighthizer said.

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