Washington, DC – U.S. Trade Representative Robert Lighthizer today released the following statement on the conclusion of the fifth round of renegotiations in Mexico City, Mexico for the North American Free Trade Agreement (NAFTA):
“While we have made progress on some of our efforts to modernize NAFTA, I remain concerned about the lack of headway. Thus far, we have seen no evidence that Canada or Mexico are willing to seriously engage on provisions that will lead to a rebalanced agreement. Absent rebalancing, we will not reach a satisfactory result.
“A rebalanced, updated NAFTA will promote greater prosperity for American workers, farmers, ranchers and businesses and strengthen the North American region as a whole. Our teams will be meeting again next month in Washington. I hope our partners will come to the table in a serious way so we can see meaningful progress before the end of the year.”
(This statement originally released by the USTR)