Friday, September 29, 2023

Trade exchange between Mexico and Canada reaches 50 billion dollars

When the Canadian Ambassador to Mexico, Graeme Clark, attended the progress monitoring meeting of the “Door to the Southeast: a door to progress” project at the World Trade Center in the city of Boca del Rio this Tuesday, he said in an interview this commercial The exchange between his country and Mexico has reached a total of 50 billion dollars.

He pointed out that it has been an important year for both countries in terms of trade balance, and even more so when this type of money flow is generated, which is why he believes that it is for the good of both countries to continue at this pace.

“We just looked at this data this morning; it’s about $50 billion in commercial exchanges.”

He recognized that currently, the automotive sector is the strongest at moving this money, both the money coming into Mexico and the money leaving it and that the economy is expected to continue to flow to Veracruz.

“Very present from the automotive sector, no, from both sides of the agricultural sector, that is, it is a very sophisticated commercial dynamic that is very complementary and very important for both countries.”

Regarding investments, he added that it depends on the businessmen who decide to settle in Mexico and not on the governments since only they allow them to settle where it suits them best.

It is worth mentioning that the investment of the company TC Energa de Canada was celebrated at the meeting in Boca del Ro, where Energy Minister Roco Nahle and the governor of the state, Cuitláhuac Garca Jiménez, were present.

World Nation News Desk
World Nation News Desk
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