Guajardo sees 60 % chance of concluding NAFTA talks this year

MEXICO CITY - 9 August 2017: Mexico's Economy Minister Ildefonso Guajardo sees a 60 percent probability that talks starting next week to re-negotiate the North American Free Trade Agreement (NAFTA) will be wrapped up by the end of the year, he said in an interview on Tuesday.

The minister, who will take part in the first round of NAFTA talks in Washington starting on Aug. 16, said it was important to meet the ambitious timeline to sign a new deal before Mexico's next president takes office at the end of 2018.

Guajardo was interviewed at the Reuters Latin America Investment Summit.