(STR Trade Report)
The U.S. and Mexico said following the second meeting of their High-Level Economic Dialogue this week that they have seen progress in facilitating cross-border commerce over the past year and anticipate further achievements in 2015. A joint statement issued after the Jan. 6 meeting identified the following highlights.
In 2014 the two sides “made significant strides regarding mechanisms for transportation and communications infrastructure planning and development” that have directly facilitated freight flows, reduced bottlenecks and improved logistics. A new air services agreement that offers competitive pricing and more convenient air services will enter into force once each country’s approval processes are finalized. Read more here.