REUTERS: No NAFTA Deal in Principle to be Announced at Lima Summit: Sources

04/09/2018

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April 8th, 2018 | By Dave Graham –

Talks to rework the North American Free Trade Agreement (NAFTA) are not advanced enough for the United States, Mexico and Canada to announce a deal “in principle” at this month’s Summit of the Americas in Lima, according to two people familiar with matter.

The ministers responsible for NAFTA met on Friday in Washington, and said progress had been made on reworking the accord.

But there was still too much to do unveil an agreement at the April 13-14 summit, the sources said, speaking on condition of anonymity due to the sensitivity of the matter.

U.S. President Donald Trump, his Mexican counterpart Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau are due to attend the Lima gathering, and officials have held out hope for substantive progress on the renegotiation before the meeting.

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