In an op-ed for Politico, Mexican Secretary of Economy Bruno Ferrari García de Alba writes about why his country wishes to join in Trans-Pacific Partnership negotiations, outlining benefits for the U.S. economy. Read an excerpt below and follow the link to read the full article at politico.com.
Since 2007, Mexican President Felipe Calderon has expressed our country’s interest in joining negotiations to create what is known as the Trans-Pacific Partnership, a new trade agreement linking nations throughout the Pacific region.
The countries involved in these talks are creating a groundbreaking agreement with the highest of standards. As the United States, and the eight other TPP partners, considers new entrants to this pact, it should do so with the same forward-thinking approach that has governed the talks so far.
For example, the United States must consider the steady growth of its exports to Mexico, which is, dollar for dollar, the most dynamic U.S. export market. It is the second-largest U.S. export destination, consuming nearly $200 billion in U.S. goods last year — more than China and Japan combined. In addition, last year’s $34 billion increase in U.S. exports to Mexico outpaced the value increase to all the priority export markets for the U.S.’s National Export Initiative…
Read more: http://www.politico.com/news/stories/0312/73624.html#ixzz1oMDpUC3o
Bruno Ferrari García de Alba is Mexico’s secretary of economy.
Carin Zissis is the editor-in-chief of AS/COA Online.