Tag Archives: United States-Mexico-Canada Agreement

Port of Brownsville Steams Ahead 

The Port of Brownsville has been especially busy in recent years in reporting record annual revenues. (courtesy)

The Port of Brownsville is utilizing record revenue years leading up to COVID-19 to deal with the pandemic’s challenges. The port reported a record $25.4 million in annual revenue in fiscal year 2019. The figure tops the previous record from 2018 with continuous robust growth over the last six years. The port’s performance was recently recognized by Moody’s Investor Service, ranking the Port of Brownsville third among all U.S. ports…

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INNO Discusses a “New Era” for Trade

Jose Espinosa Alvarez, an instructor at Universidad Autonoma de Tamaulipas, speaks at STC’s 7th annual INNO Conference Nov. 1.

South Texas College’s seventh annual Binational Innovation Conference (INNO) took place Nov. 1. This year’s conference brought together those from industry, education and economic development. Each brought pertinent information with a focus on both innovation and the impact of students on the future workforce. “A New Era of Manufacturing in South Texas and Northern Mexico” centered primarily on the United States-Mexico-Canada Agreement. The proposed agreement looks to modernize the 24-year-old…

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Trade Pact Seen as Positive

Keith Patridge, president and chief executive officer of the McAllen Economic Development Corporation, discusses international trade and the possible impact of a new trade agreement. (VBR)

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…

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