Comments chief NAFTA negotiator Verheul speaking in Ottawa
- Quite close to completing some chapters such as customs, telecommunications
- Has seen limited US flexibility on even some of the easier issues, this is being driven from the top
- Reiterates Canada concern that US auto content proposal would drive production offshore
- Says is no point to US proposal to set up nonbinding dispute settlement panels
- US procurement offer is worst offer ever made by US in a trade negotiation
- Will continue to put forward creative proposals to find common ground on US proposals
- There are large gaps between what Canada and US want to achieve on key files
- US team has made clear it wants concessions to benefit US economy, says Canada wants to improve the treaty
- Says conscience says US could initiate process to pull out of NAFTA. Canada is ready for that.
- This is not the kind of negotiations we are used to
- Canada will stay at table as long as there is a chance of achieving a good solution
- Negotiator says hasn't given up on hope of crafting a treaty to benefit all 3 NAFTA members
The USDCAD has moved back higher on the headlines.
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