US Trade With Mexico Is Important, Says AMI
US - The American Meat Institute and other organisations have sent an open letter to President Obama and members of the congress emphasising the importance of the US's trade relationship with Mexico.
25 May 2010
2 minute read
The letter urges further strenghening of the already successful partnership.
“Increasing exports is the wise and proper approach to reducing our current account deficit, but it can only be done by deepening – not abandoning – our successful North American partnership with Canada and Mexico and by establishing similar relationships with other countries around the world,” the letter states.
An important first step is a quick resolution to the ongoing trucking dispute between the two nations, the letter notes. Mexico has said it will levy tariffs of 10 to 20 per cent on specific goods in retaliation for the recent shutdown by Congress of a pilot programme that allowed some Mexican truckers to operate on US highways.
“When NAFTA was negotiated it was agreed that the borders of the three countries would be open to trucks as long as they complied with all regulations applicable in the country of destination. Solving this issue would decrease freight costs and delivery times in North America, but more importantly, it would improve our relationship with Mexico and would promote the integration between our nations,” the letter states.
In addition, the organisations urge continued support for Mexico’s war on drugs, particularly for fighting money laundering and the North-South arms trade. “Certainly, there are many other areas in which we can find common ground, and we urge you to work to strengthen the economic ties between Mexico and the United States and to make stronger our NAFTA partnership with Mexico and Canada,” the letter concludes.
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