Cupboard ministers from the US, Mexico and Canada will signal a brand new commerce settlement on Nov. 30, Mexico’s economic system minister mentioned on Thursday.
The deal will probably be signed in Buenos Aires, Argentina, the Mexican Financial system Minister Ildefonso Guajardo informed reporters at an occasion in Mexico Metropolis. Argentina is internet hosting the G20 worldwide discussion board for governments and central financial institution governors.
It was but to be decided whether or not the presidents and prime minister will take part within the signing, Guajardo mentioned.
“What’s clear is that the signing will happen on Nov. 30,” Guajardo mentioned.
After greater than a 12 months of negotiations to revamp the North American Free Commerce Settlement, the US and Canada reached a last-gasp deal in September. Mexico and the US had already struck a bilateral settlement.
Legislators from the three nations nonetheless must approve the pact, formally often known as the United States-Mexico-Canada Settlement (USMCA), earlier than it goes into impact.