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REUTERS SUMMIT-Mexico economy minister sees 60 pct chance of concluding NAFTA talks this year

talks this year@ (For other news from Reuters Latin America Investment Summit, see: http://www.reuters.com/summit/LatinAmerica17)

MEXICO CITY, Aug 8 (Reuters) - Mexico's Economy Minister Ildefonso Guajardo sees a 60 percent probability that talks starting next week to re-negotiate the North American Free Trade Agreement (NAFTA) will be wrapped up by the end of the year, he said in an interview on Tuesday.

The minister, who will take part in the first round of NAFTA talks in Washington starting on Aug. 16, said it was important to meet the ambitious timeline to sign a new deal before Mexico's next president takes office at the end of 2018.

Guajardo was interviewed at the Reuters Latin America Investment Summit.

Follow Reuters Summits on Twitter zReuterstSummits (Editing by Phil Berlowitz)