Press "Enter" to skip to content

Mexico president says pitched plan to curb import reliance at leaders summit

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

November 22, 2021

MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said on Monday he proposed a plan last week to boost investment in North America to reduce reliance on foreign imports in his talks with U.S. President Joe Biden and Canada’s Prime Minister Justin Trudeau.

During the summit in Washington, Lopez Obrador said that if North America did not move to strengthen its economy, the region risked being left behind by China. He also suggested Canada and the United States should make more use of migrant labor.

Other News:   Motor racing-Masi reported Horner over ‘rogue marshal’ comment

“I made a proposal to promote a program of productive investments in North America for the substitution of imports,” Lopez Obrador told reporters at a regular news conference, citing a shortage of semi-conductors as an example.

Other News:   NASCAR Hate Hoaxer Bubba Wallace Comments on Kyle Rittenhouse Verdicts

The Mexican president said he had also explored with Trudeau possible cooperation between Canadian and Mexican public sector energy companies in upgrading hydro-electric plants in Mexico.

Lopez Obrador added that he had explained during the talks why he was carrying out certain measures aimed at strengthening state control of natural resources, arguing that private companies had engaged in financial speculation in Mexico.

Other News:   Waukesha Citizens Reel From Christmas Parade Attack, Describe Bodies In The Street

Overall, he said, the talks had been very good, and no major differences arose among the three leaders.

(Reporting by Dave Graham; Editing by Dan Grebler)

To continue reading this news article, follow the link to the news website.

For any inquiries, contact Amnon Free Press (Amnon Jobi Jakony) by writing to editor [at] amnonfreepress.com. Discover a world of hyper-local news below.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *