The United States and Mexico signed three agreements on March 26 to improve bilateral customs procedures in order to expedite the flow of agricultural produce across their borders.
U.S. Homeland Security Secretary Kirstjen Nielsen (L) and Mexican Foreign Minister Luis Videgaray (R) announce the three customs and border cooperation pacts signed on March 26, 2018. Credit: Reuters
Addressing a joint news conference to announce the signed pacts, Homeland Security Secretary, Kirstjen Nielsen and her Mexican counterpart, Luis Videgaray, said the first agreement was aimed at promoting joint cooperation between the countries to stop illegal merchandise crossing their border.
“It’s about creating efficiencies,” said the Mexican Foreign Minister, Videgaray.
U.S. Homeland Security Secretary Kirstjen Nielsen (L) and Mexican Foreign Minister Luis Videgaray (R) on March 26, 2018. Credit: Reuters
The two countries also agreed on implementing programs of joint inspections of cargo crossing their respective borders and whose bilateral trade is worth half a trillion dollars annually.
The third agreement signed by the governments is aimed at promoting trade of agricultural goods.
According to Secretary Nielsen, the neighbouring countries are currently working on some 20 further Memorandums of Understanding (MOU) and letters of intent.
Copyright © 2018 Manyika Review. All Rights Reserved.
