Canadian govt official: NAFTA is a trilateral agreement

Eren Sengezer FXStreet

A Canadian government official has recently crossed the wires saying that NAFTA was a trilateral agreement and they would continue to negotiate that trilateral agreement, as reported by Reuters.

"This is not the first time the U.S. has mused about breaking NAFTA talks into bilateral negotiations," the official further explained and concluded by saying that both sides' negotiators were still in touch and "would continue to negotiate."

Earlier in the session, Mexican Economy Minister Ildefonso Guajardo also stated that he was in favor of maintaining a trilateral NAFTA agreement.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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