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News Article

Mexico, US to Reactivate High-Level Economic Dialogue

By Emilio Aristegui | Tue, 09/14/2021 - 17:32

The high-level economic dialogues between Mexico and the US have been officially reactivated, informed the Ministry of the Treasury and Public Credit (SHCP) in a press release.

“DEAN (High-Level Economic Dialogue) seeks to advance the strategic economic, social and commercial priorities that are central to promoting regional economic growth, creating jobs, investing in people, and reducing inequalities and poverty in all its dimensions,” reads the press release. During a meeting at the US White House held on Sept.9 to commemorate the event, Vice President of the US Kamala Harris and for Mexico’s Minister of Foreign Affairs Marcelo Ebrard highlighted the importance of maintaining a close relationship between both countries.

Mexico and the US also agreed on the importance of a shared strategic vision “regarding the priorities for sustainable economic development in the North American region.” Mexico’s Minister of Economy Tatiana Clouthier and US Secretary of Commerce Gina Raimondo also highlighted that DEAN would become a platform for the “post-pandemic economic recovery through the promotion of specific priority actions of a bilateral nature.” Both countries have jointly organized a well-developed plan in which they seek to tackle the aftermaths of the pandemic.

During the meeting, representatives from both countries agreed on four major pillars, “which frame the strategic vision that both countries will grant to their economic relationship during the coming years.” First is to rebuild together. Second, the joint promotion of economic, social and sustainable development in southern Mexico and Central America. Third, securing the tools for future prosperity. Fourth, investing in people of both countries. The last priority reflects both governments’ concerns regarding the underdevelopment of Southern Mexico and Central America as North America seeks to strengthen its position as one of the most dominant trade regions in the world.

“With the DEAN, Mexico and the US reaffirm their commitment to regional economic integration and recognize the importance of maintaining a strategic and close collaboration that has historically characterized our countries.”

The data used in this article was sourced from:  
SHCP, SEGOB
Emilio Aristegui Emilio Aristegui Junior Journalist and Industry Analyst