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News Article

Mexico, US to Modernize Border in 2022

By Emilio Aristegui | Tue, 11/30/2021 - 15:14

North America continues to focus on a joint development plan to boost the economies of Canada, Mexico and the US, leading to a bilateral agreement between the two last countries to modernize their shared border.

“We have resources from the customs fund, so we are going to use them. The president already said that he agreed, among other things, to modernize the entire port infrastructure and the northern border, to put an entire institutional framework on security matters,” said Marcelo Ebrard, Mexican Minister of Foreign Affairs. 

Ebrard also participated in the plenary session of the Executive Council of Global Companies (CEEG) directors’ meeting to evaluate the roles global companies must take in Mexico’s economic reactivation, said the Ministry of Foreign Affairs (SRE) in a press release. Over 100 businessmen participated in the CEEG meeting.

He assured that Mexico will back all companies that chose to be in in the country and called them “allies.” He added that Mexico will be paying significant attention to their concerns and proposals to find a way to continue growing together. SRE also urged the companies to pursue an active role not only in the reactivation of the economy, but in the country’s future plans.

During the North American Leaders’ Summit, Mexico and the US resumed the high-level economic dialogue, as reported by MB. The main goal of the Both countries are still discussing the actions Mexican – American plan is for both presidents to approve exactly what will be done and who will be in charge of doing it, as both countries are trying not to fall into uncertainty regarding roles. Both countries will measure what is going to be done and by who by to be undertaken and developing an annual plan that adequately portrays follows the stablished goals of the project and the people assigns responsibilitiesble for each step.

“With the pandemic, the vision of North America became a categorical imperative, so now we are going to review the strategic value chains, how are we going to do to reduce their vulnerability, review the infrastructure bottlenecks we have, which are many, and do something to reduce them,” said Ebrard.

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