LIVE: Governing North American trade during a pandemic: Knowns and unknowns for #USMCA implementation with @AmChamMexico’s Monterrey Chapter. #ACMexico
“In the past three decades, Mexico built a strong export platform through NAFTA,” said Mexico’s Secretary of the Economy H.E. @GMarquezColin of @SE_mx. "Over the years, we have developed more capacity, and we increase our exports along with increased complexity." #ACMexico
“The aerospace industry is a regional productive chain, not just two countries producing separately,” said Mexico’s Secretary of the Economy H.E. @GMarquezColin of @SE_mx. "This is not just trade; this is economic integration." #ACMexico
“As a region, we are doing fine in the global competitive index, but there is space for the US, Mexico, and Canada to reach a higher level,” said Mexico’s Secretary of the Economy H.E. @GMarquezColin of @SE_mx. "That is what we must do with #USMCA." #ACMexico
"Almost $1 out of $5 of foreign direct investment is invested in the #USMCA region. The opportunities for diversification in Mexico will be key for the attraction of foreign investors from inside and outside the region." said Economy Secretary @GMarquezColin of @SE_mx. #ACMexico
"Mexico is ready to work with its partners to provide a solid base for the post #COVID19 recovery," said Mexico’s Secretary of the Economy H.E. @GMarquezColin of @SE_mx. #ACMexico
"The message would be that we are here, that we are willing to enhance our trade relationship, and that we are seeking to pursue productive integration of our two economies." -Economy Secretary @GMarquezColin on a recently proposed #AMLO meeting with the White House. #ACMexico
“As this trilateral relationship increases through #USMCA, we will see diversified trade with more production and greater efficiency, which will benefit consumers in all three countries,” said Federico Gobea, President Archer Midland Daniels Mexico. #ACMexico
“The #USMCA allows us to build on the progress we have made over the last three decades,” said @derosenzweig, Mexico’s Former Undersecretary of Foreign Trade, stressing the agreement's capacity to build certainty and consistency within the business environment. #ACMexico
“One of the very positive initiatives launched by @SE_mx has been the guidance provided to private parties on the adjustments they need to make in their production and operation to comply with #USMCA,” said @derosenzweig, Mexico’s Former Undersecretary of Foreign Trade. #ACMexico
"The flow of goods never stopped even though there was a closure along the US-Mexico land border" due to #COVID19, with other avenues remaining open for essential businesses and medical supplies, noted Mexico’s Secretary of the Economy H.E. @GMarquezColin of @SE_mx. #ACMexico
“The #USMCA will allow us and oblige us to bring additional investment to build up local trade and regional supply chains and meet the original value of production from China,” said @derosenzweig, Mexico’s Former Undersecretary of Foreign Trade. #ACMexico
• • •
Missing some Tweet in this thread? You can try to
force a refresh
"Our intention [with this new report] is to provide some ideas on how to sustain reactivation of Central America in a #COVID19 world," said Former Costa Rican President and @ACLatAm advisory council member @Laura_Ch. #ACCentralAmerica
Economic slowdown, informality, low coverage/quality of education, high poverty, high levels of violence, migration flows, dysfunctional states and disenchantment with democracy have created a "volatile combination of challenges." -Fmr Costa Rican Pres @Laura_Ch#ACCentralAmerica
“Venezuela's democratic leaders continue to work against political persecution to restore democracy in Venezuela.” @AtlanticCouncil President and CEO @FredKempe opens today's conversation with @jguaido, @JulioBorges, and policymakers from the US, Europe, and beyond. #LACatUNGA
“This is a critical moment for Venezuela. We are experiencing a serious emergency because of the pandemic, aggravated by persecution and crimes against humanity committed by the #Maduro regime,” said Venezuelan Interim President @jguaido. #LACatUNGA
"During these challenging times, the role of institutions like @the_IDB and of leaders like @MorenoBID committed to the hemisphere's prosperity are essential." - @ACLatAm founder @adriennearsht opens today's conversation with President Luis Alberto Moreno #ACFrontPage
"What you find in Latin America is the number of #COVID19 cases are still growing,” said @the_IDB President @MorenoBID. "Equally, we have found a combination of pre-existing economic and political conditions." #ACFrontPage
"When we look at this region, there is so much promise and so much potential. What we all share is a democratic neighborhood," said @Southcom Commander Admiral Craig Faller. "All that is under assault." #ACVenezuela
“We made a massive effort, which shows our full commitment to a consensual deal,” said Argentine Minister of @Economia_Ar@Martin_M_Guzman on recent debt negotiations. "Initially, there was a positive reception to the offer we made." @ACGlobalEcon@ARGinUSA#ACArgentina
“There were a number of aspects within the negotiations, including economic and legal aspects,” said @Martin_M_Guzman. "Economically, there has been a massive effort on Argentina's side. We don't want to promise something we can't fulfill." @ACGlobalEcon@ARGinUSA#ACArgentina
“What led us to this debt negotiation is the lack of a comprehensive macroeconomic program that will put in place reforms that will promote sustainable, permanent, and consistent growth,” said @martinredrado, former president of @BancoCentral_AR. #ACArgentina
In negotiating the debt restructure before establishing a macroeconomic program, the Argentine government "put the cart before the horse," leading to a debt sustainability analysis that shifted due to #COVID19. -@martinredrado, former president of @BancoCentral_AR#ACArgentina