The candidate leading the polls for months in Mexico’s presidential race, Mr Andres Manuel Lopez Obrador, claimed that he would show “absolute support” for the North American Free Trade Agreement, as his pick for finance minister, Mr Carlos Urzula stated that the Mexican government would prefer to conclude the ongoing talks with the US rapidly.
“There’s absolute support for Nafta,”
Mr Urzua stated in Mexico City: “Lopez Obrador has said that hopefully it’s held up so we can finish it, but there are advantages because the market could become a bit nervous if there’s no Nafta and there are presidential elections at the same time.”
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">NAFTA: Advisor to AMLO’s Prez campaign, Graciela Márquez, says that if they win Mexico’s July Election their team is ready for any scenario: implement new accord -if signed by June- or enter renewed talks. Márquez insists AMLO is committed to an open Mexico, vs protectionism <a href="https://t.co/oXV5dCT5Ro">pic.twitter.com/oXV5dCT5Ro</a></p>— José Díaz-Briseño (@diazbriseno) <a href="https://twitter.com/diazbriseno/status/986354712067936256?ref_src=twsrc%5Etfw">April 17, 2018</a></blockquote>
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Furthermore, the leftwing candidate who has been riding high in the polls would also uphold the current Trans-Pacific Partnership.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Andres Manuel Lopez Obrador is Mexico’s leading candidate in the nation’s presidential election and he has a promise for President Trump.<br><br>He has vowed to change Trump’s perception of his country from the one the he has had. <a href="https://t.co/Ewq1xD3IX3">https://t.co/Ewq1xD3IX3</a></p>— Jack Ralph (@NevadaJack2) <a href="https://twitter.com/NevadaJack2/status/986449309498458112?ref_src=twsrc%5Etfw">April 18, 2018</a></blockquote>
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Back in the US, the White House Administration has been hoping for a quick solution to the ongoing NAFTA talks with both Mexico and Canada, whilst some negotiators admit that the upcoming Mexican Presidential Election on 1 July is making matters difficult as the newly incumbent President could immediately choose to sack any deal made beforehand.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">NAFTA Olive branch<br>Mexico hints it might be willing to impose same US steel tariffs on other countries (read: China) so their country not used to sneak in cheap steel.<br>Potentially huge NAFTA meeting on Thursday <a href="https://t.co/nvAPiDEzlw">https://t.co/nvAPiDEzlw</a></p>— Charles V Payne (@cvpayne) <a href="https://twitter.com/cvpayne/status/986199113900359685?ref_src=twsrc%5Etfw">April 17, 2018</a></blockquote>
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The American energy companies however are worried about Mr Lopez Obrador’s proposed three-year energy price freeze, something for which his proposed finance Minister Mr Urzua had to admit that the current weakness of the Mexican currency, the peso, would make it difficult to keep that political promise.
Source:
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