US said to stress Friday Nafta deadline as Canada joins talks

Despite US-Mexico progress, key issues remain for Canada, although markets are betting a deal will be reached that includes Canada.

Aug 29, 2018 03:08 IST India Infoline News Service

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Canada’s foreign minister has rejoined Nafta talks as a U.S. deadline looms this Friday to reach a deal to renew the pact as a three-country agreement.

Chrystia Freeland arrived just before 5 p.m. at the Washington office of U.S. Trade Representative Robert Lighthizer  and emerged an hour later. There was little substance to talks between Freeland and Lighthizer, who will meet again Wednesday morning, a U.S. official said, speaking on condition of anonymity.

The US made it clear that the deadline for an agreement in principle is Friday, with no wiggle room, the official said.

Despite US-Mexico progress, key issues remain for Canada, although markets are betting a deal will be reached that includes Canada.

Lighthizer didn’t speak to reporters. Freeland struck a positive tone before and after, saying aspects of an accord struck without Canada at the table will help advance other issues. She said it will be an “important and constructive week” and that Canada was encouraged by progress made without them.

Source: Bloomberg

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