Members of the Texas-Mexico Trade Coalition came to Mexico for several meetings, including one with the Undersecretary for North America, Carlos Manuel Sada Solana, after which they took part in a press conference at the Foreign Ministry. They also met with representatives of the Mexican private sector who will be participating in the process of modernizing the North American Free Trade Agreement (NAFTA).
Undersecretary Sada said that Mexico has strategic partners in the Texas business sector. He specifically recognized those who have stressed NAFTA's importance for the economy of Texas and the United States.
The coalition was created by Texas's leading business organizations on June 15, 2017. It brings together more than 200 chambers of commerce and 4,000 businesses. Its goal is to improve, strengthen and modernize NAFTA to benefit the economies and communities of both countries. To achieve this, the coalition will actively publicize the positive results of the treaty and its potential for key political and economic actors in the United States.
Since NAFTA was signed, exports from Mexico to Texas have grown 255% and total trade between the two has risen to almost USD 173 billion in 2016. In that same year, 382,000 jobs in Texas depended on trade with Mexico.