President Peña Nieto will travel to Argentina at the invitation of Argentina's President Macri, in his role as this year's president of the G20, to take part in the G20 Leaders Summit, fulfilling Mexico's commitment to attend the most important annual meeting of the group, which is an informal forum for dialogue and agreement among the leading international actors.
The President will also sign the U.S.-Mexico-Canada Agreement (USMCA), together with U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau. After more than a year of intense negotiations among the three countries, a consensus was reached on the rules that will guide trilateral trade relations over the coming decades. The new treaty will help the North American region to deepen its productive integration, in order to continue as one of the world's most competitive regions.
The G20, which has held a leaders' summit since November 2008, is the foremost forum for international coordination on economic and financial policies for the world's twenty most important economies, including both developed countries and emerging economies. It brings together 19 countries that, because of their size or importance, play a key role in the global economy, with the European Union and guest countries and international organizations.
The G20 is a vitally important forum for Mexico, one of the world's 20 largest economies. By taking part in the Summit, Mexico will participate in discussions on the future of jobs, new ways to finance infrastructure for development and how to achieve future food sustainability. It also reaffirms its role in one of the world's leading forums and supports the presidency of Argentina, a major Latin American partner.
The Mexican delegation will include the Secretaries of Foreign Affairs, Luis Videgaray; Finance, José Antonio González; Economy, Ildefonso Guajardo; and Agriculture, Baltazar Hinojosa Ochoa; the President's Chief of Staff for Security, General Roberto Miranda; Communications Director Eduardo Sánchez Hernández; the Undersecretary of Foreign Affairs and Mexico's G20 Sherpa, Ambassador Carlos de Icaza; Undersecretary of Foreign Trade Juan Carlos Baker Pineda; and the President's Chief Adviser, Carlos Pérez Verdía.