Canada, U.S., Mexico pledge to tighten economic ties, boost domestic production
Global News
At the 'Three Amigos' summit, the North American leaders pledged to beef up supply chains after weathering serious disruptions during the COVID-19 pandemic.
The United States, Mexico and Canada on Tuesday vowed to tighten economic ties, producing more goods regionally and boosting semiconductor output, even as integration is hampered by an ongoing dispute over Mexico’s nationalist energy policies.
U.S. President Joe Biden, Mexican President Andres Manuel Lopez Obrador and Canadian Prime Minister Justin Trudeau met in Mexico City and pledged to beef up supply chains after weathering serious disruptions during the COVID-19 pandemic.
Lopez Obrador said Mexico would help Biden clamp down on the trade in synthetic opioid fentanyl, which is blamed for thousands of U.S. deaths, as the leaders also promised to reduce their countries’ carbon footprint and tackle inflation.
“We’re working to a future to strengthen our cooperation on supply chains and critical minerals so we can continue to accelerate in our efforts to build the technologies of tomorrow – right here in North America,” Biden said in a joint news conference with his fellow leaders after their meeting.
Lopez Obrador said the region would promote economic development by creating a committee for import substitution to make North America less dependent on other parts of the world.
The White House said the three countries would improve legal pathways for migrants, and Lopez Obrador again urged Biden to press Congress to enact measures that would regularize the migration status of millions of Mexicans in the United States.
The United States said the region would in early 2023 organize a semiconductor forum to increase investment in the strategic high-tech industry dominated by Asia.
The White House said coordination would be needed on semiconductor supply chain mapping to identify needs and investment opportunities in making chips that are used in everything from telecoms to carmaking and defense.
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