ZCZC
BCN-07
CANADA-TRADE-DIPLOMACY-US-MEXICO
Continental trade deal presented to Canada parliament
OTTAWA, May 30, 2019 (BSS/AFP) – Prime Minister Justin Trudeau presented a
continental trade deal to Canada’s parliament Wednesday for approval, on the
eve of a visit by US Vice President Mike Pence to discuss the treaty’s
implementation.
In the House of Commons Trudeau described last year’s negotiations to
replace the 25-year-old North American Free Trade Agreement (NAFTA) as “a
long and difficult process.”
In the end, he said, “we got to a great deal.”
After a year of tough negotiation following US President Donald Trump’s
criticism of NAFTA, Washington, Ottawa and Mexico City in November signed the
new pact to revamp rules on manufacturing, digital commerce and labor rights,
among other sectors.
“Canada, the US and Mexico are at our most efficient, most secure and most
profitable when we work together. And it’s about time we got back to that way
of thinking,” Trudeau said.
“The new NAFTA will secure access to a trading zone that accounts for more
than a quarter of the global economy, and it’s now time for the members of
this House to ratify it.”
On Tuesday Foreign Minister Chrystia Freeland, who led the negotiations,
said Ottawa intends to move in lockstep with the United States and Mexico on
ratification of the renamed USMCA trade pact.
It must be ratified by all three countries in order to come into force.
US President Donald Trump this month cleared a stumbling block by removing
contentious US tariffs on imports of Canadian and Mexican steel and aluminum,
which both countries demanded as a pre-condition of moving forward on the
trade pact.
Democrats in Congress continue to have concerns about workers’ rights,
dispute resolution and other issues.
But Canada’s ambassador to Washington, David MacNaughton, who was in
Ottawa to brief officials this week, said he believes there is “a reasonable
chance that the US Congress will pass this deal before the summer recess at
the end of July.”
In Canada the bill should be assured approval as Trudeau’s Liberal Party
hold the majority.
Current trilateral trade between Canada, the US and Mexico has reached
nearly $1.1 trillion, according to government data.
BSS/AFP/HR/0925