While a NAFTA nation can exit the pact after giving its partners six-months’ notice, US Secretary of Commerce Wilbur Ross on Thursday said it was unlikely to occur. US President President Donald Trump has repeatedly threatened to quit NAFTA if he can not get better terms from renegotiations that began last month. By adding a so-called sunset clause, countries would be regularly compelled to take a fresh look at the deal to fix what is not working, Ross said. “If every marriage had a five-year sunset clause on it, I think our divorce rate would be a heck of a lot higher,” Canadian Ambassador David MacNaughton said. The Canadian and Mexican envoys also agreed on the need for a dispute resolution mechanism in NAFTA.

Source: Taipei Times September 15, 2017 16:04 UTC