Washington, DC.- The Secretary of Foreign Affairs, Alicia Bárcena, stated this Thursday in Washington that it is necessary to modernize the border between Mexico and the United States to encourage investments and the nearshore relocation of companies.
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“We really want to control drug trafficking and arms smugglers, but at the same time we want to provide better infrastructure for trade to occur and therefore we have to modernize the border,” said the chancellor at an event organized by the Inter-American Bank. Development (IDB).
To achieve this, he added, it is essential to attract investments and obtain the help of institutions such as the IDB. Because with investments “is how border security is guaranteed,” she concluded.
Mexico, he stated, is now the United States’ first trading partner and last year 155 billion dollars were negotiated, “3 million dollars per minute.”
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“We have started with near-shoring and then reshoring. We are working on a strategy to make sure that North America can generate, for example, the production of semiconductors and conductors and attract companies that are doing it in Asia so that the take them to North America,” Bárcena declared.
The Latin American country has the “great opportunity to become the country of relocation and nearshoring” and “we are working on that”, but “we do not want to do this alone” but rather “we have to incorporate the rest of the region into this strategy “declared the chancellor.
Bárcena participated in the Responsible Investment Forum of the Americas-IDB Alliance, organized by the Inter-American Development Bank (IDB), in which several Latin American presidents participated, including the Uruguayan Luis Lacalle Pou and the Chilean Gabriel Boric.
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They and other presidents, in addition to Bárcena, will participate tomorrow in the summit of the Alliance for Economic Prosperity (APEP), an initiative of President Joe Biden that seeks to deepen the integration and economic growth of the region.
2023-11-02 18:30:12
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