Velasco Says Economic Ties Between Mexico, US and Canada Will Endure Despite Political Uncertainty

Mexico, US and Canada economic relations: Mexico's Foreign Minister Roberto Velasco said economic realities will ultimately prevail over political uncertainty, rejecting any collapse of the trade relationship and pledging to prioritize trade agreements while pursuing new technologies and foreign investment.

Mexico, US and Canada economic relations, Digi Mart USA News (Mexico): Mexico’s Secretary of Foreign Affairs, Roberto Velasco, said economic realities will ultimately prevail over the political decisions and actions shaping the relationship between Mexico, the United States and Canada.

Speaking at an international banking event organized by Santander, Velasco rejected the possibility of a breakdown in trade relations. He said the three nations will continue to prioritize their relationship so that any changes are as minimally disruptive as possible.

Velasco acknowledged changes driven by the United States but said Mexico will focus on advancing its trade agreements in the areas that continue to move forward. He also noted broad opportunities in new technologies and said the countries must integrate into value chains in a reasonable way to take advantage of their competitive edge against other regions.

Velasco also presented Mexico’s strategy to attract investment before the global banking audience. He said the ministry he leads is supporting investment through its embassies.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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