Faced with stalled negotiations over the North American Free Trade Agreement (NAFTA), automotive industry associations are pressing the United States, Canada, and Mexico to renew talks and get a modernized agreement into the world.
“As a new government forms in Mexico on December 1st, 2018, we believe now is the time for all parties to return to the negotiating table with a renewed commitment to the modernization of a cohesive three-country NAFTA agreement,” the partners wrote. “We have a great opportunity to update this trade agreement, and it is in the best interest of all three countries to refocus on establishing a new NAFTA agreement that will allow the North American auto industry to remain globally competitive.”
In all, nine associations representing vehicle and parts manufacturers across North America wrote a short statement to their governments. The Alliance of Automobile Manufacturers, American Automotive Policy Council, Association of Global Automakers, Asociación Mexicana de la Industria Automotriz, Canadian Vehicle Manufacturers’ Association, Global Automakers of Canada, Motor & Equipment Manufacturers Association, Canadian Automotive Parts Manufacturers’ Association, and Industria Nacional de Autopartes A.C all participated.