Canada, US, Mexico to sign new trade deal today
Ottawa, Nov 30 (IBNS): Canada, the United States and Mexico will sign the trade deal, which is a renewed North American Free Trade Agreement (NAFTA), on Friday morning, media reports said.
After prolonged discussions and negotiations, the three countries reached at the United States-Mexico-Canada Agreement (USMCA), the new trade deal, on Oct 1.
In a joint statement, Freeland and US Trade Representative Robert Lighthizer had then stated, "......the United States-Mexico-Canada Agreement (USMCA). USMCA will give our workers, farmers, ranchers, and businesses a high-standard trade agreement that will result in freer markets, fairer trade and robust economic growth in our region.
"It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home.
"We look forward to further deepening our close economic ties when this new agreement enters into force.
“We would like to thank Mexican Economy Secretary Ildefonso Guajardo for his close collaboration over the past 13 months.”
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