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Today, senior government officials from the United States and Mexico met in Mexico City to convene the US-Mexico High-Level Economic Dialogue (HLED). Secretary of State Antony J. Blinken, Secretary of Commerce Gina Raimondo, US Trade Representative Jayme White, and Ambassador Ken Salazar led the meeting for the United States. Secretary of Economy Tatiana Clouthier, Secretary of Foreign Relations Marcelo Ebrard, Secretary of Finance and Public Information Rogelio Ramírez, and Ambassador Esteban Moctezuma led the meeting for Mexico.

Since the relaunch of HLED last year, the United States and Mexico have expanded cooperation and commitment to our regional economic growth, integration, and long-term partnerships. The United States and Mexico know that we are stronger when we meet the challenges and together seize the opportunities to make North America more resilient, competitive, diverse, and secure. HLED provides a flexible, goal-oriented solution to improve regional prosperity, expand employment, save employ our people, and reduce inequality and poverty.

As our presidents said at their meeting in July, North America is an economic powerhouse. The strength of the regional economy has allowed more trade between the United States and Mexico than at the height of the epidemic. HLED builds on this strong vision and economic viability with strategic initiatives to strengthen North American supply chains and competitiveness regionally. Our shared vision and vision of action sets out a collaborative path to solving the problems of climate, global disease, and the persistence of inequality.

Building on last year’s work, HLED continues to focus on four central pillars:

Today we reviewed the achievements under HLED and discussed new areas for cooperation, such as the partnership to meet the challenges of climate change to meet our commitments under the UN 2030 agenda and green transportation across the border to improve air quality and public health. We also discussed cooperation on electromobility, digitalization, workforce development, and the use of chains in sectors such as medicine, where the Federal Commission for Protection Against Sanitary Risks is working to improve the environment control.

The passage of CHIPS and the Science Act in the United States provides unprecedented opportunities to improve our energy supply chain. Likewise, the Inflation Reduction Act – the most important inflation legislation in American history – includes $369 billion to reduce pollution and stimulate demand for electric vehicles and clean technologies. . These laws will increase investment in North America, lower energy costs for households and businesses, strengthen our supply chain, and strengthen our energy security. It will also create jobs in both countries and position North America as a leader in clean energy.

To Build Again, the United States and Mexico will work to improve regional trade and strengthen the resilience of the US-Mexico supply chain. The HLED last year launched the US-Mexico Supply Chains Working Group to analyze the supply chain needs to attract investment and reduce problems with disruptions in critical sectors, such as semiconductors and information and communications technology (ICT).

Both countries are committed to working with our private sector to identify areas with the right skills, infrastructure, and industrial potential for more investment in the semiconductor and ICT ecosystem. We will work together to pursue a pilot project to determine the use of near-shoring semiconductor manufacturing to reduce the risk of future supply disruptions and also support the expansion of small and medium-sized enterprises (SMEs) in these supply chains.

We will address climate change by accelerating the transition to clean energy, especially through the use of zero emission vehicles. Federal agencies in the United States and Mexico are working with state and federal governments, the private sector, and civil society organizations to develop green spaces and sustainable economic development zones that benefit communities and communities around the world. side of our border. Doing so will not only help us meet our goal of limiting warming to 1.5°C, but also improve public health and agriculture.

Later this year, the United States and Mexico will celebrate 200 years of diplomatic relations. Our family, cultural, and business ties have long encouraged us to explore new ways to facilitate trade and travel across our shared border through on modern infrastructure, partnerships with the private sector, and trade facilitation programs. Our countries remain committed to completing a modern US-Mexico border project for projects along the nearly 2,000-mile border, using the Bipartisan Infrastructure Law and a $1.5 billion commitment from the Government of Mexico to strengthen infrastructure, integrate the border. , and facilitate the use of transactions with people more secure and efficient.

To Promote Sustainable Economic Development in Southern Mexico and Central America, the United States and Mexico work together to improve the regional business environment and livelihoods by creating jobs and opportunities in El Salvador, Honduras, Guatemala, and southern Mexico. Our federal government, in partnership with regional leaders from the private sector, has organized five joint meetings with the governors of the southern states of Mexico to promote public and private cooperation to expand employment opportunities, economic development economy, and environmental and climate goals.

In December 2021, our development offices launched a new platform called “Sowing Opportunities” (Sebrando Oportunidades) to increase cooperation and address the causes of irregular migration in northern Central America. The US Agency for International Development has launched a new economic development project called Southern Mexico Generating Employment and Sustainability (SURGES) to mobilize private businesses and strengthen the capacity of rural and smallholder farmers to take advantage of market opportunities and integrate into existing regions. supply chain.

To Secure the Tools for a Successful Economic Future, the United States and Mexico are working to support regulatory cooperation and reduce risks on information and communication technology (ICT), cybersecurity, communications, and major issues. . Through initiatives including the US-Mexico Working Group on Cyber ​​Issues, both governments coordinate to strengthen our cybersecurity defenses in the global supply chain and address cybersecurity challenges through international industry. best practices and standards, and continue to work together on ICT development, including 5G networks.

To Invest in Our People, both governments promote initiatives to expand cooperation in technical education and training, invest in entrepreneurs, support small and medium businesses, and improve access to economic opportunities for women, youth , indigenous people, and members of the LGBTQI+ community. High-tech manufacturing in North America relies on a highly skilled workforce and a strong ecosystem to promote high-tech businesses. Labor and education authorities from the two countries will share best practices in apprenticeship and vocational training programs in October.

Our collaboration to improve technical education and create English-language certifications will prepare students to work in the technology industry, it is an important factor in attracting investment as we look for inland production. This work includes implementing programs for women entrepreneurs and coordinating with Small Business Development Centers to expand their professional networks in southern Mexico. We are investing in our entrepreneurs and SMEs by launching a public awareness campaign to support innovation and creativity and reduce counterfeit and pirated products from the supply chain.

The United States and Mexico remain committed to building a more inclusive workforce that recognizes that all of our citizens must benefit from our economic growth. To that end, we are working together to promote ethical business practices, fulfill obligations under international labor agreements, cooperate to eliminate the use of forced labor in our supply chains, and expand temporary worker programs and protections. labor force. Doing so will help us make progress on the commitments we made with partners to promote transparency, standardization, security, and sustainability in supply chains in the July 2022 Joint Statement on Cooperation on Global Supply Chains.

We welcome and rely on stakeholder input to define and implement HLED’s plans. We affirm our commitment to the continued use of partners with the private sector, academia, and civil society and look forward to expanding our collaboration with representatives at the state level.

Our work under HLED will create unique opportunities for the benefit of our employees and communities. The United States and Mexico reaffirm our commitment to meet annually at the cabinet level and semiannually at the sub-cabinet level to build on the progress made toward our common goal. a safe and prosperous North America that can meet today’s challenges and achieve tomorrow’s. capacity.

HLED. Hard Disk Led. Copyright 1988-2018 AcronymFinder.com, All rights reserved.

What is High Level economic Dialogue?

The HLED, which will be led at the level of the cabinet, is seen as a flexible framework that aims to expand the priority of the economy and business priorities in the development of the economy, job creation, and competitiveness all over the world.

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