The renegotiation of the North American Free Trade Agreement (NAFTA) could see a "window of opportunity" to resolve some of the thorny issues, the president of the Mexican Confederation of Industrial Chambers has said.
"But as I said before: nothing is closed until everything is closed".
Francisco Cervantes spoke with Xinhua before departing for Washington to take part in the ongoing trade negotiations between Mexico, Canada and the United States.More news: Zouma deal to be announced Friday morning
Talks between the United States and Mexico over the future of the North American Free Trade Agreement were set to drag into next week, as auto industry officials said on Friday that new sticking points had emerged over President Donald Trump's threat to impose steep automotive tariffs.
"New President of Mexico has been an absolute gentleman", Trump tweeted.
"Canada must wait", Trump tweeted. Their Tariffs and Trade Barriers are far too high.
"But we have to make sure that the US-Mexico bilaterals (are) done", he said.More news: Ton-up Woakes Lords it over India in second Test
Asked about progress on autos rules of origin, he said: "Nothing is close until everything is close, but there are items in every element that is being discussed".
Speaking as he left a meeting with the USA trade team in Washington, Ildefonso Guajardo said the return of Canada, the third country in the trillion dollar trade zone, would depend on solving bilateral elements in "the next few days or weeks".
But there is no specific date to return to trilateral discussions, he said.
Trump demanded NAFTA be renegotiated after repeatedly criticizing the 24-year-old pact as a "terrible deal".More news: The Big Match Tactical View: Arsenal v Manchester City