Economy Minister Ildefonso Guajardo said Mexico is willing toreview the North American Free Trade Agreement every five years,accepting part of a U.S. proposal, while insisting that there mustnot be any clause that would lead to automatic termination of thedeal.

The Mexican counter-offer comes after U.S. President DonaldTrump's administration proposed a sunset clause, under which NAFTAwould end after five years unless the parties can agree to extendit. Guajardo told Mexico's Radio Formula on Wednesday that theclause is unnecessary because the nations already have the abilityto withdraw by giving six months' notice.

“We're going to bring a proposal that every five years weevaluate what has been happening with an agenda of analysis of whateffects our agreement has had, and based on this each country candecide what they want to do going forward,” Guajardo said. “But itwouldn't have the impact of a sudden death, because this would senda bad signal to investors.”