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Mexico's Nieto Optimistic about Nafta Renegotiation Talks -- Market Talk

22 Apr 2018 6:16 pm

1816 GMT GMT [Dow Jones] Mexico's President Enrique Peña Nieto said on Sunday that he is confident that Mexico, the U.S. and Canada will succeed with their efforts to overhaul Nafta. Speaking at an industrial trade fair in Hannover, Germany, he said that "we fully trust and we have optimism as well that we are going to conclude the re-negotiation and the modernization of the North American Free Trade Agreement [...], ensuring benefits for all its partners." Mr. Nieto didn't comment on the timing nor the details of a possible outcome. U.S. officials have indicated that if a Nafta deal is not reached within the next few weeks, an agreement probably won't come until toward the end of the year due to upcoming elections in Mexico and the U.S. (nina.adam@wsj.com)
 

(END) Dow Jones Newswires

April 22, 2018 14:16 ET (18:16 GMT)

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