Andres Oppenheimer: U.S. considering deal to expand trade in Americas
BY ANDRES OPPENHEIMER
WASHINGTON — The Obama administration, which is negotiating separate free trade deals with Asian and European countries, is “exploring” a regional trade plan for the Americas that would be the most ambitious hemispheric initiative in years.
U.S. Secretary of State John Kerry said in an interview that he would like to first seek an agreement to deepen the existing North American Free Trade Agreement (NAFTA) with Mexico and Canada, and to expand it afterward to the rest of Latin America.
“It’s something I actually have asked some folks here to explore, and I’ve had conversations with a couple of people outside of here who were very knowledgeable about hemispheric relationships,” Kerry said. “And they’re very encouraging about it, so we’re going to try to do our due diligence on this, and I’m really hopeful.”