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US Vice President expects NAFTA deal within weeks

IANS  |  Lima 

has said he was "very hopeful" that a deal could be reached "within the next several weeks" in the renegotiation of the North America Free Trade Agreement (NAFTA) between Mexico, and the US.

After meeting Canadian and Mexican on the sidelines of the Summit of the taking place in Lima, Pence told reporters on Saturday he would leave the summit "very hopeful that we are very close" to a deal, news reported.

During his meeting with Pence, Pena Nieto urged for the relationship between and the US to be based on "mutual respect."

"The goal of this meeting is not only to address the issue of NAFTA, but also to talk about the bilateral relationship, which should continue to be based on cooperation and mutual respect," Pena Nieto said.

Pence said he was grateful for the opportunity to meet with the Mexican president, although he made no reference to Pena Nieto's call for "mutual respect".

The said the topic of funding for the border wall did not come up in the meeting, while acknowledging that the two countries have differences.

Pence said the two countries were close to reaching agreements on issues such as immigration, combating drugs and

This comes two months after an attempt to schedule a meeting in between Pena Nieto and the US was called off due to Trump's harsh rhetoric regarding and immigration.

Pence also met with Canadian to talk about the renegotiation of

"We think we're close. We are encouraged with the progress of our negotiations, and we are hopeful that we can conclude a successful renegotiation," Pence said,

Trudeau also said the talks had reached a "positive momentum".

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, April 15 2018. 07:50 IST
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