Mexico is slated to send a letter to House Speaker Nancy Pelosi (D-Calif.) this week to urge the U.S. Congress to approve a new trade deal.
President Andrés Manuel López Obrador said Nov. 25 that the letter will be sent soon related to the United States-Mexico-Canada Agreement (USMCA), Reuters reported. He made the statement during a regular government news conference alongside other Mexican officials.
On Nov. 21, amid the House impeachment inquiry into President Donald Trump, Pelosi said the USMCA trade deal probably wont be approved by the end of 2019.
“Im not even sure, if we came to an agreement today, that it would be enough time to finish, but it just depends on how much agreement we come to,” Pelosi told reporters in Washington.
She said that workers rights, as well as enforcement and environmental concerns, have prevented lawmakers from acting on the bill.
“Im eager to get this done. … We live in a world of instant gratification. Youve got an agreement? Whens the bill coming?” Pelosi told reporters. “No, theres a lot of writing and conversations with Canada, with Mexico, on the basis of what we might come to agreement on, in terms of a change in the actual treaty and in the actual agreement. So, it will take time to write and then to bring to the floor.”
Days earlier, Pelosi had said a breakthrough on the deal “is imminent.”
In 2018, the United States, Mexico, and Canada agreed to replace the 25-year-old North American Free Trade Agreement (NAFTA) with USMCA, a newer version that would encourage more investment in U.S. factory jobs. The deal needs congressional approval.
Canada previously said that its waiting to move in unison with the United States on the deal.
Mexican Economy Minister Graciela Márquez Colín has said previously that shes optimistic the deal would get done in the coming weeks, Reuters reported on Nov. 20. Mexico has already approved the USMCA.
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