While the United States-Mexico-Canada Agreement, the replacement for the North American Free Trade Agreement, waits for ratification by all three countries involved, indications are that the new trade deal will be good for the South Texas economy, and all along the U.S.-Mexico border. “What was happening under NAFTA, and this was a problem with NAFTA, it opened up plants being able to move to Mexico without any type of restriction…
The future economics between the United States and Mexico will be very interesting. All eyes will be on future trade relations, especially after Dec. 1 due to incoming president Andres Manuel Lopez. With current rocky trade relations between the United States and China, Mexico has plenty to gain under the new NAFTA terms. On Nov. 9, Duncan Wood, director of the Wilson Center’s Mexico Institute, spoke at the McAllen Performing…
17 Topics make up NAFTA input In light of an intent by the federal government to renegotiate the North American Free Trade Agreement, U.S. Congressman Vicente Gonzalez (D-McAllen) is asking stakeholders in South Texas to submit comments on the modernization of NAFTA. “Since its inception 25 years ago, the North American Free Trade Agreement has been a vital part of our relationship with our North American neighbors, Canada and Mexico,”…
Entities discuss trade and growth The Brownsville Licensed Customs Brokers Association, U.S. Customs and Border Protection and local international stakeholders host the International Trade Symposium June 8 at the Brownsville Event Center. The 9 a.m. – 2:30 p.m. symposium brings in entities from both the United States and Mexico. Focuses are a sharing of international stakeholders as well as a five-year plan in relation to trade and growth. Knowledge obtained is…