May 18, 2017 / 3:38 PM / 2 months ago

Mexico welcomes NAFTA re-negotiation, expects constructive talks

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MEXICO CITY (Reuters) - 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.

Reporting by Dave Graham

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