MEXICO CITY, Dec. 5 -- A delay in the ratification of a revised North American free trade agreement will not have any impact on Mexico's 2020 trade outlook, Finance Minister Arturo Herrera said on Thursday.
The United States-Mexico-Canada Agreement (USMCA) has been approved by Mexico's Congress, but needs to be ratified by the legislatures of the other two parties before it can take effect.
According to Herrera, it's impossible to predict when the deal will be passed, but the uncertainty should be of no concern.
"We want it to pass as soon as possible, but as it looks now it could be a matter of weeks, or now or in January," Herrera told reporters at a public event.
"That would not to a large degree have an impact, given that the treaty has a life expectancy of 16 years," he said.
The USMCA replaces the 1994 North American Free Trade Agreement (NAFTA).
The Central Bank of Mexico last week lowered its growth forecast for 2020 from the earlier forecast of 1.5 to 2.5 percent to 0.8 to 1.8 percent.
2014届英语一轮复习早读与晚练:必修4《Unit3 A taste of English humour》
2014届英语一轮复习早读与晚练:选修8《Unit2 Cloning》
福建省泉州市2014高考英语文章突破一轮训练(9)及答案
2014届英语一轮复习早读与晚练:选修7《Unit5 Travelling abroad》
2014届英语一轮复习早读与晚练:必修1《Unit1 Friendship》
2014届英语一轮复习早读与晚练:选修6《Unit1 Art》
2014届英语一轮复习早读与晚练:必修5《Unit3 Life in the future》
2014届英语一轮复习早读与晚练:必修2《Unit2 The Olympic Games》
2014届英语一轮复习早读与晚练:必修1《Unit5 Nelson Mandela—a modern hero》
2014届英语一轮复习早读与晚练:必修5《Unit4 Making the news》
福建省泉州市2014高考英语文章突破一轮训练(1)及答案
2014届英语一轮复习早读与晚练:必修4《Unit2 Working the land》
2014届英语一轮复习早读与晚练:必修2《Unit4 Wildlife protection》
2014届英语一轮复习早读与晚练:必修3《Unit3 The Million Pound Bank Note》
福建省泉州市2014高考英语文章突破一轮训练(5)及答案
2014届英语一轮复习早读与晚练:选修6《Unit3 A Healthy Life》
2014届英语一轮复习早读与晚练:必修4《Unit1 Women of achievement》
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2014届英语一轮复习早读与晚练:选修8《Unit3 Inventors and inventions》
2014届英语一轮复习早读与晚练:选修7《Unit2 Robots》
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2014届英语一轮复习早读与晚练:必修5《Unit1 Great scientists》
2014届英语一轮复习早读与晚练:选修7《Unit4 Sharing》
2014届英语一轮复习早读与晚练:选修6《Unit4 Global warming》
2014届英语一轮复习早读与晚练:必修2《Unit3 Computers》
2014届英语一轮复习早读与晚练:必修3《Unit4 Astronomy the science of the stars》
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