October 30, 2017 / 4:40 PM / a year ago

BRIEF-‍Fitch says "NAFTA end would mean significant uncertainty for Mexico​"

Oct 30 (Reuters) - Fitch :

* ‍Fitch says “NAFTA end would mean significant uncertainty for Mexico​”

* ‍Fitch says ongoing North American Free Trade Agreement renegotiations are not likely to lead to a full abrogation of treaty

* ‍Fitch says final NAFTA deal should not have a significant impact on Mexico’s trade access to U.S.​​

* ‍Fitch says extension of NAFTA negotiation timeline, Mexico & U.S. government comments after 4th round of talks highlighted growing uncertainty, risks to treaty

* Fitch says ‍if U.S. withdrew from NAFTA, it would likely lead to immediate confidence shock, short-term market volatility​ in Mexican economy

* Fitch says ‍mexican autos, other diversified manufacturing sectors would be among most exposed segments of economy​ in case of NAFTA end

* ‍Fitch says peso depreciation would be highly likely in event of NAFTA withdrawal and would enhance competitiveness of export-oriented industries​

* Fitch says Mexico’s ‍non-manufacturing sectors would also be affected from lower growth,reduced investor confidence, FX volatility​ in case of NAFTA end Source text for Eikon:

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