MEXICO CITY - Two of the main economic organizations in Mexico and the United States signed an agreement on Friday, during the U.S.-Mexico CEO Dialogue in Mérida, Mexico. The agreement will serve as a prelude to the renewed free trade agreement for North America, known as USMCA.
The U.S. Chamber of Commerce and Mexico’s Business Coordinating Council signed a new agreement to strengthen commercial and investment ties.
At the event, the attendees laughed and applauded at a comment from Carlos Salazar, president of the Mexican Business Coordinating Council.
"The agreement makes sense, as the U.S. has money, but is short in workforce, and Mexico has workforce, but is short in money," Salazar said.
The U.S. Secretary of Commerce, Wilbur Ross, was among the special guests, as well as Mexican President Andrés Manuel López Obrador.
"I want to thank President Donald Trump for being open to dealing with trade, immigration and security issues with respect, through permanent dialogue," López Obrador said.
