Mexico Seeks 'Large-Scale Productive Integration' with United States EFE
go to original August 17, 2013

Mexican Economy Secretary Ildefonso Guajardo (right) is shown in this file photo. (EFE)

Trade between Mexico and the United States, which amounted to nearly $500 billion in 2012, is indicative of well-developed commercial integration that should evolve into large-scale “productive integration,” Mexican Economy Secretary Ildefonso Guajardo said.

“The next step is to have the clear vision that what has been large-scale commercial integration must be consolidated into what is becoming large-scale productive integration,” Guajardo said Thursday at the inauguration of a meeting of the U.S.-Mexico High Level Regulatory Cooperation Council.

Last year, Mexico’s overall foreign trade was valued at $741.7 billion, 63 percent of it with the United States. The flow of commerce crossing the U.S.-Mexico border amounted to $1.3 billion per day, or $1 million a minute.

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