Prime Minister Justin Trudeau sits down Wednesday with U-S President Donald Trump, as negotiations for a new North American Free Trade Agreement resume in Washington.
Trudeau will also meet with congressional lawmakers who may have the power to make or break any new NAFTA deal.
Trump has told Forbes magazine he might terminate the existing pact in the hopes of securing a better deal.
This has Saskatchewan paying close attention to the progress being made.
Steven Bonk is the Economy Minister for the province and said a new deal is imperative for the province, which exports 98 percent of its goods and sees one in five jobs related to exports.
- Regina Chamber of Commerce confident Sask.’s voice will be heard in NAFTA talks
- Farmers in Saskatchewan want to see progress on NAFTA
Bonk said one thing they have been pleased with is the collaborative approach taken by the Federal Government into the negotiations.
“We’ve been very pleased with the collaborative approach that the Federal Government has taken with consultations with the provinces,” Bonk said. “We’ve been working with them and they’ve been listening to our asks and requests,” Bonk added.
He said a new agreement will also continue open doors to diversify export markets.
“As you’ve seen since NAFTA has been enacted, we’ve increased the amount of trade we’ve done with the United States, but we have also increased trade with other countries, so we’ve diversified our export markets, and that has really helped us to grow our exports in this provinces to the numbers you see today,” Bonk said.
To date re-negotiations have proven tough for Canada and Mexico, thanks to continued threats to pull out of NAFTA all together from President Donald Trump.