Today, senior government officials from the United States and Mexico gathered in Mexico City to convene the United States-Mexico High-Level Economic Dialogue (HLED). Secretary of State Antony J. Blinken, Secretary of Commerce Gina Raimondo, Deputy U.S. Trade Representative Jayme White, and Ambassador Ken Salazar chaired the meeting for the United States. Economy Secretary Tatiana Clouthier, Foreign Relations Secretary Marcelo Ebrard, Finance and Public Credit Secretary Rogelio Ramírez and Ambassador Esteban Moctezuma chaired the meeting for Mexico.

Since relaunching the HLED a year ago, the United States and Mexico have strengthened their cooperation and commitment to our regional economic growth, integration, and longstanding strategic partnership. The United States and Mexico recognize that we are stronger when we meet challenges and seize opportunities together to make North America more resilient, competitive, diverse, and secure. The HLED provides a flexible, goal-oriented platform to foster regional prosperity, expand job creation, invest in our people, and reduce inequality and poverty.

As our presidents said when they met in July, North America is an economic powerhouse. Regional economic strength has allowed total trade between the United States and Mexico to surpass pre-pandemic levels. The HLED builds on this dynamic and thriving economic relationship with specific projects to strengthen North American supply chains and regional competitiveness. Our shared vision and the scope of planned work have charted a collaborative path to address the climate crisis, the global pandemic and persistent inequalities.

Building on last year’s work, the HLED continues to focus on four central pillars:

  1. rebuild together;
  2. Promote sustainable economic and social development in southern Mexico and Central America;
  3. Securing the tools for future prosperity; and
  4. Investing in our people.

Today, we reviewed achievements under the HLED and discussed new areas of collaboration, such as partnering to address the challenges of climate change to meet our commitments under the 2030 Agenda of the United Nations. and Greening Border Transportation to Improve Air Quality and Public Health. We also discussed collaboration on electromobility, the digital economy, workforce development and supply chain resilience in sectors such as pharmaceuticals, where the Mexican Federal Commission for protection against health risks strives to optimize the regulatory environment.

The passage of the CHIPS and Science Act in the United States offers unprecedented opportunities to improve our already dynamic supply chains. Similarly, the Cut Inflation Act – the most significant climate legislation in US history – includes $369 billion to reduce emissions and stimulate demand for electric vehicles and energy technologies. own. These laws will increase investment in North American manufacturing, reduce energy costs for families and businesses, strengthen our supply chains, and strengthen our collective energy security. It will also create jobs in both countries and position North America as a leader in clean energy.

To rebuild together, the United States and Mexico will work to improve the regional business climate and strengthen the resilience of U.S.-Mexico supply chains. Last year, HLED launched the U.S.-Mexico Supply Chain Task Force to assess supply chain needs to attract investment and reduce vulnerabilities to disruptions in critical sectors. , such as semiconductors and information and communication technology (ICT).

Both countries are committed to working with our private sectors to identify locations with the right skills, infrastructure and industrial capabilities for increased investment in the semiconductor and ICT ecosystem. We will work together to pursue a pilot project to determine the feasibility of offshoring semiconductor manufacturing inputs to reduce the risk of future supply chain disruptions and also support the continued integration of small and medium-sized enterprises (SMEs) in these supply chains.

We will fight climate change by accelerating the transition to clean energy, including through the adoption of zero-emission vehicles. Federal agencies in the United States and Mexico are working with state and municipal governments, the private sector, and civil society organizations to develop green spaces and areas of sustainable economic development to benefit each other’s sister communities. side of our common border. This not only helps us maintain our goal of limiting warming to 1.5°C, but also improves public health and agricultural productivity.

Later this year, the United States and Mexico will celebrate 200 years of bilateral relations. Our long-standing family, cultural and business ties drive us to explore new ways to facilitate legitimate trade and travel along our shared border through infrastructure upgrades, partnerships with private sector stakeholders and outreach programs. trade facilitation. Our countries remain committed to completing a joint, multi-year effort to modernize border infrastructure between the United States and Mexico for projects along the nearly 2,000-mile border, leveraging bipartisan infrastructure law. and the Mexican government’s $1.5 billion commitment to strengthen infrastructure and unite border communities. , and make the two-way flow of commerce and people safer and more efficient.

To promote sustainable economic development in southern Mexico and Central America, the United States and Mexico are cooperating to improve the regional business environment and livelihoods through the creation of jobs and opportunities in El Salvador, in Honduras, Guatemala and southern Mexico. Our federal governments, in partnership with regional private sector leaders, hosted five joint meetings with governors of southern Mexican states to promote public-private cooperation to advance investment opportunities, economic development and environmental and climate goals.

In December 2021, our two development agencies launched a new collaborative framework called “Sowing Opportunities” (Sembrando Oportunidades) to increase technical cooperation and address the root causes of irregular migration in northern Central America . The United States Agency for International Development has launched a new economic development project called Southern Mexico Generating Employment and Sustainability (SURGES) to mobilize private sector investment and build the capacity of rural communities and small farmers to take advantage of the opportunities of the market and integrate them into existing regional projects. supply chains.

To secure the tools for future economic prosperity, the United States and Mexico are working to support regulatory compatibility and risk mitigation related to information and communications technology (ICT), cybersecurity, telecommunications and infrastructure issues. Through mechanisms such as the U.S.-Mexico Cyber ​​Issues Task Force, the two governments coordinate to strengthen our cybersecurity protections in global supply chains and address cybersecurity challenges through best practices and international industry standards, and continue to cooperate on the deployment of ICT infrastructure, including 5G networks.

To invest in our people, the two governments are promoting initiatives that expand collaboration in technical education and training, invest in entrepreneurs, support small and medium enterprises, and improve access to economic opportunities for women, young people, indigenous people and members of the LGBTQI+ community. community. High-tech manufacturing in North America relies on a highly skilled workforce and a robust ecosystem to promote high-tech entrepreneurship. Labor and education authorities from both countries will share best practices in vocational and technical education and apprenticeship programs in October.

Our collaboration to improve technical education and create English-language certifications will prepare students for work in high-tech manufacturing, a key factor in attracting more investment as we seek nearby manufacturing inputs. This work includes implementing programs for women entrepreneurs and coordinating with small business development centers to expand their professional networks in southern Mexico. We are investing in our entrepreneurs and SMEs by launching a public awareness campaign to support innovation and creativity and reduce counterfeit products and pirated content from supply chains.

The United States and Mexico remain committed to building a more inclusive workforce that recognizes that all of our citizens should benefit from our economic growth. To that end, we work together to promote responsible business practices, implement obligations under international labor conventions, cooperate to eradicate the use of forced labor in our supply chains, and expand temporary worker programs with strong labor protections. This will help us make progress on the commitments we made with our partners to promote transparency, diversification, security and sustainability in global supply chains in the July 2022 Joint Statement on Supply Chain Cooperation. global supplies.

We welcome and rely on stakeholder feedback to define and implement HLED initiatives. We affirm our commitment to continued stakeholder engagement with the private sector, academia, and civil society and look forward to expanding our engagement with state-level officials.

Our work under the HLED will create inclusive opportunities for the benefit of our workers and our communities. The United States and Mexico reaffirm their commitment to meet annually at the Cabinet level and semi-annually at the Sub-Cabinet level to build on the progress made thus far toward our shared goal of a safe and prosperous North America capable to overcome today’s challenges and achieve tomorrow’s goals. potential.