U.S. to partially unveil key NAFTA proposal, talks seen dragging


(Worthy News) – U.S. trade negotiators will only partially unveil new text on modifying a key chapter on investment under NAFTA, two well-placed sources said on Sunday, underlying the cautious pace of talks that are supposed to wrap up by the end of the year.

The sources, with knowledge of the effort to modernize the trilateral North American Free Trade Agreement (NAFTA), said the proposal on investment would not elaborate on possible changes being weighed by Washington under Chapter 11 of NAFTA.

U.S. officials, speaking on condition of anonymity, said the administration was still consulting with stakeholders, including business, on the issue. [ Source: Reuters (Read More…) ]

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