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Canada shows its readiness to withdraw America from "NAFTA"

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rocky
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Canada shows its readiness to withdraw America from "NAFTA"

Post by rocky on Fri 12 Jan 2018, 2:10 am

[size=30]Canada shows its readiness to withdraw America from "NAFTA"[/size]
11/01/2018 01:29 | Number of readings: 257
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[rtl]Trend Press / Agencies[/rtl]
 
 
[rtl]Canada is ready for US President Donald Trump to announce the withdrawal of Washington from the North American Free Trade Agreement (NAFTA) but has no information on when the announcement could be made, a Canadian government source said .[/rtl]
 
[rtl]"The Canadian government is aware that President Trump may announce the withdrawal of the United States from NAFTA," the source said, asking not to be named. "We are ready for this possibility . "[/rtl]
 
[rtl]The Canadian government is continuing its preparations for the next round of negotiations to review the agreement, which is scheduled to be held in Montreal from 23 to 28 of this month, the source said .[/rtl]
 
[rtl]The three parties to the NAFTA agreement - the United States, Canada and Mexico - had set a deadline for the completion of negotiations in March .[/rtl]
 
[rtl]The renegotiation of the deal began in mid-August and six rounds of talks have so far been held, so far no significant progress has been made .[/rtl]
 
[rtl]One of the main differences over the US trade deficit with Mexico is about $ 64 billion that Washington wants to reduce or eliminate .[/rtl]
 
[rtl]Faced with the risk of Washington pulling out of the deal, Mexico, which exports almost 80 percent of its products to the United States, is seeking to diversify its trading partners and activate three trade agreements with China[/rtl]
 
[rtl]Trump promised during his election campaign to withdraw from the agreement if it was not adjusted for his country. Talks on the NAFTA amendment seem to be heading for deadlock .[/rtl]
 
[rtl]Canada and Mexico strongly oppose US proposals by adding an item specifying the expiration date of NAFTA and revoking the agreement mechanism related to trade disputes.[/rtl]

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Canada: Prepare for possible US departure for NAFTA

Post by rocky on Fri 12 Jan 2018, 4:10 am

Canada: Prepare for possible US departure for NAFTA





2018/01/11 21:48


(Encyclopedia of this Day News | Iraq News ) - Live: Foreign Minister of Canada said that the prospects must leave the United States to the Convention for the countries of North America "NAFTA" seriously taken free trade.


Kristina Freeland told reporters on Thursday that Canada was preparing creative ideas in an attempt to find solutions to the challenges facing negotiators when they met in the sixth and last round of talks on updating the NAFTA agreement later this month. "Rutgers."


The comments came after a day of media reports that US President Donald Trump may withdraw from the 1994 agreement between the United States, Canada and Mexico unless major changes are made.


She explained that the United States was very clear at the start of the talks, noting that Canada is ready for all possibilities.


She said positive results could be reached during the talks, which will be held from January 23 to 28 in Montreal, Canada, if the three parties show goodwill.


By 5:48 pm GMT, the Canadian dollar was down against its US counterpart 0.2% to hit 1.2526 Canadian dollars. 


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