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Mexico approves $700 million investment on border: Marcelo Ebardo

Mexico. – The head of the Ministry of Foreign Affairs (SRE), Marcelo Ebrard Casabon announced that, in a conversation organized…

By admin , in news , at May 13, 2022 Tags: ,

Mexico. – The head of the Ministry of Foreign Affairs (SRE), Marcelo Ebrard Casabon announced that, in a conversation organized by Presidents of Mexico and the United States Last year in Washington, the Mexican government agreed to invest $700 million in separate border projects,

During his participation in the Strategic Border Infrastructure Forum, the Mexican Foreign Minister made it public that the government of President López Obrador approved A total of 14 infrastructure projects on the border Shared with US territory.

In this sense, Ebrard Casabon emphasized that despite the fact that all approved projects have varying degrees of progress, it does not mean that everything is resolved as far as the issue is concerned. Is.

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“It’s a $700 million investment approved and all are already in various degrees of progress; it doesn’t mean that everything is already resolved, but I think we’re on the right track,” he explained.

Similarly, the Mexican official stressed that, it would have taken more than a decade in the past to achieve what the Mexican federal government has achieved so far in terms of border infrastructure.

Meanwhile, the head of the SRE stressed that the new geopolitical reality exists, One of the top priorities is the proper functioning of the range Shared by Mexico and the United States.

In this vein, he argued that the proper functioning of a common border is important between two countries whose economic and productive integration It is one of the most important in the world.

“With the new geopolitical reality, among other risks, the fact that the border between Mexico and the United States works well is a high priority for obvious reasons, as also accelerating integration between the two countries. More to come. For reshoring, because we have integrated our production processes and because there are high-level talks between the two governments to accelerate the security of our supply chains.”

Finally, Marcelo Ebrard emphasized this, because Mexico will increase its medical, pharmaceutical and electromobility production capacityBorder crossings with United States territory are prominent.

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“We are going to increase our production capacity in many areas: medical devices, pharmaceuticals, semiconductors, electromobility, and those are going to cross the border, so we have no time to lose,” he concluded.

Mexico approves $700 million investment on border: Marcelo Ebardo

2022-05-13 00:36:33