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butterbean · Joined: 21 Jun 2006 Posts: 2269

United States Looks To Deepen Commercial Ties with Mexico
Commerce's Gutierrez seeks to build on NAFTA, enhance regional competitiveness

U.S. Commerce Secretary Carlos M. Gutierrez (file photo © AP Images)Washington -- The United States and Mexico share an important commercial relationship, and U.S. Secretary of Commerce Carlos Gutierrez will explore ways to further enhance this relationship during a three-day trip to Mexico.

In January 31 remarks at the Foreign Press Center in Washington, Gutierrez pointed out that, as of November 2006, two-way trade between the United States and Mexico exceeded $300 billion and, in 2005, U.S. direct investment in Mexico topped $70 billion. He said he will look to build on this commercial relationship during his meetings February 1 in Mexico City with President Felipe Calderon, senior officials, business leaders and members of civil society.

“The whole purpose of this trip is to discuss ways to make it even stronger and make it more beneficial for businesses and workers,” he said.

The secretary said that in general terms his discussions will focus on strategies for continuing to make the bilateral business environment attractive for local and foreign investment, entrepreneurs and the creation of jobs.

The discussions are also part of an effort to advance the Security and Prosperity Partnership of North America (SPP) launched by the leaders of the United States, Canada and Mexico in March 2005 with the goal of enhancing security, economic growth, competitiveness and the quality of life of the citizens of the region. (See related article.)

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http://usinfo.state.gov/xarchives/display.html?p=washfile-english&y=2007&m=January&x=20070131174206asrellim0.5804102

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