American President Donald Trump unveiled plans for a “big Trade Agreement” with Mexico this Saturday. Being on the verge of finalizing deals, envoys from both the countries held meetings throughout the weekend in order to revive the North American Free Trade Agreement (NAFTA).
“Our relationship with Mexico is getting closer by the hour. Some really good people within both the new and old government, and all working closely together,” Mr. Trump tweeted. “A big Trade Agreement with Mexico could be happening soon!”
Following Mr. Trump’s tweet, Mexican Economy Minister Ildefonso Guajardo articulated “Bilateral meetings with the US were very far along and Canada was set to re-join talks as soon as they were called.” Both, Guajardo and Mexican foreign minister Luis Videgaray, in a spate of visits to Washington for months, have tried to reinforce bilateral issues along with US Representative Robert Lighthizer.
Guajardo, however, did not spill the beans about the pact but said the agreement is likely to happen anytime. He said, “The idea is that we are staying because we know there are issues to resolve. And we have to make sure that everybody feels comfortable with this agreement.”
Canada is the third party to the trade pact, Foreign Minister Chrystia Freeland said that she is invigorated with the headway of the deal between Mexico and US and she would also retort once the bilateral discussions are over.
Mr Trump, after the meeting, tweeted a video telling how the representatives of both sides have worked really hard together to form this complex yet substantial bill which would eventually benefit manufacturers and farmers of both the countries.