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Mexico Election Front-Runner Says Country Can Survive if NAFTA Deal Collapses

Posted June 15, 2018

Under Economic Issues, International Trade Issues

(Thomson Reuters)

The collapse of the North American Free Trade Agreement would not be fatal for Mexico, the leftist presidential favourite said on Tuesday, while keeping his cool under attack from rivals in the last televised debate before the July 1 election.

Asked what he would do if talks fail to renegotiate the deal that underpins the vast majority of Mexico’s trade, front-runner Andres Manuel Lopez Obrador said he would redirect the economy towards the internal market and revive the rural economy.

“I am going to suggest that the treaty remains, but [the end of NAFTA] cannot be fatal for Mexicans, our country has a lot of natural resources, a lot of wealth,” he said in the round table discussion between the four candidates in the city of Merida. Click here to read more.