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The U.S.-Mexico Leadership Initiative Vision 2020: Enhancing the U.S.-Mexico Economic Partnership

The U.S.-Mexico relationship has reached a critical moment.  The North American Free Trade Agreement partnership is nearly two decades old.  Immigration controversies have become a political flash-point between our countries.  Security has become a growing concern at and around the border and for travelers and investors.  Both countries compete in an increasingly competitive global environment.

In this moment, the U.S. Chamber of Commerce is launching a CEO-level Leadership Initiative to execute a strategy for enhanced economic engagement between the United States and Mexico.  The Leadership Initiative will provide the strategic energy behind Vision 2020, a five-point plan for enhancing the U.S.-Mexico economic partnership, with a view toward making the relationship a global model for bilateral best practices by the year 2020.

Key Elements:

  • Annual high-level trade and investment mission to Mexico City and reciprocal visit to Washington, DC
  • Annual high-level U.S.-Mexico commercial dialogue to be hosted by the U.S. Chamber of Commerce in conjunction with the Mexican private sector
  • Working-level policy group structure in support of Vision 2020
  • Annual report to U.S. and Mexican governments on the state of the bilateral economic relationship
     

Policy Program of Work

The U.S. Chamber of Commerce is building a program of work that will move true economic

partnership between the United States and Mexico from policy aspiration to reality.  Our goal is to make our border work; make both countries more competitive in global markets; promote the continent's energy independence while respecting our shared environment; raise living standards for our citizens; and enhance inter-governmental cooperation; all within a framework that fully respects and supports national sovereignty and interests. Leadership Initiative members will:

  1. Advance a Partnership for Competitiveness – Our bilateral economic framework must build on the foundation of NAFTA to advance 21st Century standards for our increasingly integrated markets.  Through the work of its  Global Regulatory Cooperation Project and Coalition for the Rule of Law in Global Markets, the U.S. Chamber has positioned itself as a thought leader and prime mover in this area.  This working group will advance best practices that will grant citizens on both sides of the border the benefits of markets where openness, competition, and transparency prevail.
  2. Build A Partnership of Mutual Respect – With the end of the Security and Prosperity Partnership, the United States and Mexico lack a robust institutional framework for cooperation for one of the most complex bilateral relationships in the world. This working group will press for pragmatic ways for the private sector to support regular government-to-government cooperation.  Our objective is to foster closer bilateral working ties at all levels of government, especially in those areas that most closely affect the flow of trade and investment.
  3. Create a World Class Border – U.S. and Mexican officials must pursue a common, consistent, and comprehensive approach to border management to address our shared security and competitiveness challenges. This working group will engage the U.S. Chamber and AmCham Mexico as they produce a report on the Mexico-U.S. border to underscore that the use of proven risk-management techniques, investments in infrastructure, and a renewed focus on trade and travel facilitation can advance both countries' security and economic interests.  
  4. Lead Collaboration on Energy and the Environment – Mexico is second only to Canada as a source of U.S. petroleum imports, and we must recognize that our economic competitiveness depends on our ability to secure sustainable and reliable sources of energy while acting as wise environmental stewards.  This working group will work to leverage the advantages inherent in each country to boost our mutual competitiveness through optimal and sustainable use of resources.
  5. Raise Living Standards by Enhancing Competitiveness – Recognizing the challenges facing workers in the United States and Mexico, this working group will promote common approaches to workforce issues wherever possible. We must build on the competitive advantages inherent to workers in each market if we are to raise living standards for all our workers.