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Mexico welcomes NAFTA re-negotiation, expects constructive talks

Mexico welcomes NAFTA re-negotiation, expects constructive talks

MEXICO CITY - Mexico's government welcomed the upcoming renegotiation of the North American Free Trade Agreement (NAFTA) on Thursday after the Trump administration gave notice it was kicking off the process with a letter to Congress.

In a brief statement, Mexico's economy ministry said NAFTA had been a boon to Canada, the United States and Mexico, and that all three nations deserved a modern pact to regulate trade.

"Mexico expects a constructive negotiation that allows more cooperation, economic integration, and boosts regional competitiveness," the ministry said in the statement. REUTERS