Secretary Ildefonso Guajardo, accompanied by the Undersecretary of Foreign
Trade, Francisco de Rosenzweig, concluded a working visit to Washington, D.C.,
where he met with the US Trade Representative, Michael Froman, and with other
officials of the American government, to address issues on the bilateral
agenda, as well as the status of the negotiations for the Trans-Pacific
Partnership (TPP), in preparation for the next ministerial meeting to be held
in Australia, from 25 to 27 October.
Guajardo held meetings with key members of the business community in the United
States, including the Emergency Committee for American Trade (ECAT), which
brings together experts in foreign trade of the United States, and with the
Chamber of Commerce of that country, which brings companies with extensive
trade and investment ties in Mexico, with the aim of exploring actions that
promote the bilateral relationship.
The Secretary of
Economy also gave a lecture at the Woodrow Wilson Center, where he spoke about
the transformation of the country through structural reforms promoted by the
President of Mexico, Enrique Peña Nieto. Such reforms will have a direct impact
on the competitiveness of Mexico and all region of North America. He also
shared advances in the Mexico – USA Agenda, achieved through the High Level
Economic Dialogue (DEAN, by its initials in Spanish), and other bilateral
mechanisms and actions that promote a larger trade exchange as well as the
This working visit
gives continuity and follow up to the commitment of the Leaders of North
America to continue working on issues related to international trade, in order
to strengthen the integration of the supply chains in North America and make of
this, the most competitive region in America, globally.
The United States
is the main trading partner of Mexico. According to the Bank of Mexico, from
1993, a year prior to the entry into force of the North America Free Trade
Agreement (NAFTA), to 2013, the bilateral trade increased almost six times
(5.6), from 88.206 million dollars (mdd) to 486.701 million dollars.