Reading Time: 2 minutes Washington/Ottawa | Reuters — Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment. Mexican sources say the plan is to hold seven rounds of talks at three-week intervals, […] Read more
Canada, Mexico urge quick NAFTA talks to end uncertainty
NAFTA dispute resolution mechanism critical, Canada says
Reading Time: 2 minutes Ottawa | Reuters — Canada believes it is critical for NAFTA to have a dispute resolution mechanism, a senior official said on Tuesday, setting up a potential clash with Washington when talks to renegotiate the pact begin. The U.S. on Monday released its goals for the talks, which aim to update an agreement that came […] Read more
EU, Japan officials seal trade agreement
Reading Time: 3 minutes Brussels | Reuters — Japan and the European Union should agree on Thursday to a free trade pact that could be completed within months, after senior officials removed final snags to a political deal intended as a signal to U.S. President Donald Trump. “We ironed out the few remaining differences,” European Trade Commissioner Cecilia Malmstrom […] Read more
Cheese and drugs wrangle holds up EU-Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — Disputes over cheese and pharmaceuticals are holding up the start of a EU-Canada free trade agreement that both sides have championed as a landmark deal for open markets against a protectionist tide. The Comprehensive Economic and Trade Agreement (CETA) has received all the clearances required for it to enter force provisionally, […] Read more
Trump administration triggers launch of NAFTA renegotiations
Reading Time: 2 minutes Washington | Reuters — The Trump administration on Thursday formally launched its effort to renegotiate the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to U.S. lawmakers, U.S. Trade Representative Robert Lighthizer said he triggered a 90-day consultation period with […] Read more
As Italy seeks pasta labels, Canada worries about durum sales
Reading Time: 2 minutes Winnipeg/Rome | Reuters — Italy has this week formally asked the European Commission to allow it to require country-of-origin labels on pasta sold there, raising alarms for Canadian durum wheat exporters who fear the move will dampen sales. Italian Agriculture Minister Maurizio Martina said on Twitter on Monday that Italy had sent a decree to […] Read more
Pacific trade pact nations meet to discuss future without U.S.
Reading Time: < 1 minute Ottawa | Reuters — Negotiators from the remaining members of the Trans-Pacific Partnership (TPP) gathered in Canada on Tuesday seeking ways to boost free trade in the region after the U.S. pulled out of the 12-nation pact. The withdrawal killed off years of negotiations and left the region looking for ways to deepen economic ties […] Read more
Trump tells Canada, Mexico he won’t terminate NAFTA treaty yet
Reading Time: 3 minutes Washington | Reuters — U.S. President Donald Trump told the leaders of Canada and Mexico on Wednesday that he will not terminate the NAFTA treaty at this stage, but will move quickly to begin renegotiating it with them, a White House said. The announcement came after White House officials disclosed that Trump and his advisers […] Read more
Talks wrap on new Canadian internal trade deal
Reading Time: 3 minutes Farm groups across Canada expect a new interprovincial trade agreement to clear paths for more trade in Canadian-grown agrifood and other farmed products within the country, reducing the need for imports. Federal, provincial and territorial ministers on Friday announced they’ve concluded talks on a new Canadian Free Trade Agreement (CFTA), which on July 1 will […] Read more
Beef makes the cut as Australia, China move to boost trade
Reading Time: 2 minutes Sydney | Reuters — Australia and China are expected to sign new bilateral agreements on beef exports, energy and security during a four-day visit by Chinese Premier Li Keqiang that began on Thursday. Li, the first sitting Chinese premier to visit Australia in 11 years, was welcomed to parliament in Canberra by Prime Minister Malcolm […] Read more
A message from April Stewart, Country Guide's Associate Editor
