AIRLINK 180.36 Increased By ▲ 6.57 (3.78%)
BOP 11.17 Decreased By ▼ -0.19 (-1.67%)
CNERGY 8.53 Decreased By ▼ -0.11 (-1.27%)
CPHL 100.41 Decreased By ▼ -1.23 (-1.21%)
FCCL 45.96 Decreased By ▼ -0.98 (-2.09%)
FFL 15.81 Increased By ▲ 0.42 (2.73%)
FLYNG 27.89 Increased By ▲ 0.10 (0.36%)
HUBC 142.47 Decreased By ▼ -1.28 (-0.89%)
HUMNL 13.01 Increased By ▲ 0.02 (0.15%)
KEL 4.52 No Change ▼ 0.00 (0%)
KOSM 5.84 Increased By ▲ 0.08 (1.39%)
MLCF 61.90 Decreased By ▼ -0.43 (-0.69%)
OGDC 214.32 Increased By ▲ 2.30 (1.08%)
PACE 5.92 Increased By ▲ 0.45 (8.23%)
PAEL 46.83 Decreased By ▼ -0.24 (-0.51%)
PIAHCLA 17.84 Decreased By ▼ -0.24 (-1.33%)
PIBTL 10.62 Decreased By ▼ -0.24 (-2.21%)
POWER 12.17 Decreased By ▼ -0.09 (-0.73%)
PPL 172.71 Increased By ▲ 1.43 (0.83%)
PRL 36.02 Increased By ▲ 0.14 (0.39%)
PTC 23.26 Decreased By ▼ -0.10 (-0.43%)
SEARL 96.06 Decreased By ▼ -0.90 (-0.93%)
SSGC 41.34 Decreased By ▼ -0.37 (-0.89%)
SYM 14.44 Increased By ▲ 0.29 (2.05%)
TELE 7.38 Increased By ▲ 0.28 (3.94%)
TPLP 10.08 Increased By ▲ 0.12 (1.2%)
TRG 67.90 Increased By ▲ 4.01 (6.28%)
WAVESAPP 10.00 Decreased By ▼ -0.02 (-0.2%)
WTL 1.34 Increased By ▲ 0.01 (0.75%)
YOUW 3.81 Increased By ▲ 0.09 (2.42%)
BR100 12,481 Increased By 33.6 (0.27%)
BR30 38,008 Increased By 88.3 (0.23%)
KSE100 116,776 Increased By 385.5 (0.33%)
KSE30 35,849 Increased By 153 (0.43%)

imageOTTAWA: US President Barack Obama heads to Ottawa Wednesday for talks with the leaders of Canada and Mexico, as the shockwave from Britain's vote to leave the European Union reverberates on both sides of the Atlantic.

Obama and Canadian Prime Minister Justin Trudeau, who both made clear their desire to see Britain remain in the 28-member bloc, will join Mexican President Enrique Pena Nieto for the so-called "Three Amigos" summit.

The three countries are economic partners in the North American Free Trade Agreement (NAFTA), a bloc of 500 million people, and work closely on security matters.

Since Britain's EU referendum last week, Obama has sought to reassure Americans -- and global markets -- warning against "hysteria" and saying he doesn't expect "major cataclysmic changes" as a result of the vote.

But the US leader -- who will address Canadian lawmakers after the summit -- had warned against this very result during a trip to London in April.

Although the three leaders are expected to focus on climate change and their joint efforts to promote clean energy, the Brexit "will be on the agenda," Mark Feierstein of Obama's National Security Council said.

"We'll be eager to talk about what it means for us and how we can coordinate our efforts," he said ahead of the summit.

The "Three Amigos," who will face reporters in the early afternoon at a joint news conference, are also likely to be asked about Republican presidential hopeful Donald Trump, who is vying to succeed Obama.

In a speech on Tuesday in Pennsylvania, he reiterated that he would seek to renegotiate NAFTA, which he blames for all the woes of working Americans.

"If they don't agree to a renegotiation... then I will submit under Article 2205 of the NAFTA Agreement that America intends to withdraw from the deal," he warned.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.