Mexico lays out faster timeline for deal on Nafta

Mexico’s chief diplomat said that the nation hopes formal talks to revise the North American Free Trade Agreement will begin at mid-year and wrap up by December, projecting a more ambitious timetable than the one suggested by Donald Trump’s top commerce official.

Based on conversations with the White House, Mexico is looking to start formal Nafta talks in late June or early July, spend several months working and complete them toward year end, Foreign Relations Minister Luis Videgaray said in Washington after meetings with Trump advisers Thursday.

Source: Bloomberg