The timetable towards ratification of a new North American trade deal has slippe...
FILE PHOTO: Mexico's Deputy Foreign Minister for North America, Jesus Seade, reacts during the delivery of the United States-Mexico-Canada Agreement deal at the Senate building in Mexico City, Mexico May 30, 2019. REUTERS/Henry Romero
- The timetable towards ratification of a new North American trade deal has slipped slightly but the pact could still pass the U.S. Congress by year end, a senior Mexican trade official said on Thursday. Speaking in Washington, Deputy Foreign Minister for North America Jesus Seade said his predicted timeline had “extended a little” for Democrats in the U.S. House of Representatives to agree on what changes they would like to see to the agreement.Seade, who helped craft the new trade pact, said there was some expectation that Democrats could finalize such proposed changes by Thanksgiving, on Nov. 28.
He had previously hoped that the House would have agreed to such changes with the U.S. Trade Representative by this week. How deeply the proposed changes might affect the trade deal will determine whether and how quickly Mexico agrees to them, he added.
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