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Customs &
Trade News


September 29, 2017

NAFTA negotiators report some progress in third round of talks

Canada, Mexico and the United States announced that they successfully concluded the Third Round of renegotiation and modernization of the North American Free Trade Agreement (NAFTA), which took place in Ottawa from September 23 to 27, 2017.

According to a trilateral statement issued after the round, "negotiators made significant progress in several areas through the consolidation of text proposals, narrowing gaps and agreeing to elements of the negotiating text. Negotiators are now working from consolidated texts in most areas, demonstrating a commitment from all parties to advance discussions in the near term. In particular, meaningful advancements were made in the areas of telecommunications, competition policy, digital trade, good regulatory practices, and customs and trade facilitation. Parties also exchanged initial offers in the area of market access for government procurement."

"Importantly, discussions were substantively completed in the area of small and medium-sized enterprises, effectively concluding negotiations on that chapter pending specific outcomes in related discussions."

The fourth round of talks is scheduled to take place in Washington, D.C., from October 11 to 15, 2017.


 

Transport &
Trade News