Canada, Mexico, and the US have concluded the second round of talks on the renegotiation of NAFTA, during which they made progress on consolidating certain proposals into a single text. The talks were held in Mexico City from September 1-5.

According to a trilateral statement issued by Canada, Mexico, and the US, more than two dozen working groups “worked diligently to advance the discussions and exchanged information and proposals.”

The statement added that, in several groups, these efforts resulted in the consolidation of proposals into a single text. This text will be used in subsequent negotiating rounds. The statement also stressed that all sides share a goal of concluding the renegotiation process toward the end of 2017.

“The successful conclusion of these negotiations will update NAFTA through new rules that will generate important economic opportunities for all three countries, fostering further growth in the region for the benefit of the three NAFTA partners,” the statement concluded.

A third round of negotiations will take place in Ottawa, Canada, from September 23rd -27th 2017.

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