Pens and Trudeau declared that is ready in the dialogue to modernize NAFTA

© AP Photo / Manuel Balce CenetaВице-President Mike PencePens and Trudeau declared that is ready in the dialogue to modernize NAFTA© AP Photo / Manuel Balce Ceneta

Vice-President Mike Pence and the Prime Minister of Canada Justin Trudeau has assured each other to «modernize NAFTA by way of constructive negotiations», reported the press service of the White house after talks between the two leaders.

Meeting Mike Pence and Justin Trudeau was held in the framework of the meeting of the National governors Association in the state of Rhode island. As the White house said at its end, Vice-President of the United States conveyed to the leader of Canada the administration’s position about the «need to work together on resolving the protracted trade disputes», the parties also «expressed their readiness through meaningful negotiations to improve and modernize NAFTA,» the statement reads.

Agreement NAFTA (North American free trade agreement) in 1994, bringing together USA, Canada and Mexico. The President of the United States Donald trump spoke earlier about the need to revise the provisions of the document and the possibility of escaping from it, if the United States will not receive additional benefits from his actions.

The theme of the talks also focused on cooperation in the security sphere. «The Vice-President and Prime Minister discussed cooperation between the two countries in the sphere of national security and defense, including concern about the escalation of the situation in North Korea, the Vice President said the Prime Minister for increased spending on national defense,» the White house said.

In June it became known about the plans to increase the defense budget of Canada at 73% in the next decade. It was reported that the budget will increase from 18.9 billion canadian dollars (14.2 billion US dollars) in 2016-2017 to 32.7 billion canadian dollars (24.6 billion US dollars) in 2026-2027.