September 19, 2021

Mexico and U.S. agree to work on supply chains, migration

MEXICO CITY/WASHINGTON, Sept 9 (Reuters) – The United States and Mexico on Thursday agreed to work on making shared supply chains, especially for semiconductors, more competitive and invest in social programs to tackle migration, said top Mexican officials after high-level economic talks in Washington.

The so-called High-Level Economic Dialogue (HLED) was held for the first time in several years and the two sides also signaled they need greater cooperation to combat challenges of climate change and workers’ rights.

The two countries will create a bilateral working group on supply chains, Mexico’s government said a the statement.

The working group will aim to increase the resilience of cross border trade and manufacturing in the face of disruption as well as to attract production lines from other parts of the world.

Mexico discussed the need to “sit down with industries or companies and…

Read full article here: