Last week, the President of Mexico, the President of the United States and the Prime Minister of Canada, met in what's been dubbed the, "Three Amigos" summit that took place in Toluca, Mexico. This year marks the 20th year since NAFTA (North American Free Trade Agreement)
went into effect and poised an opportune time for the leaders of North America to revisit their shared goals of strengthening cross border business and relations.
The White House issued a press release following the day of talks highlighting key deliverables
the leaders agreed on, including "concrete initiatives by the three countries aimed at enhancing our competitiveness in the global economy, expanding opportunities for our citizens, and promoting peace, security, and development through multilateral action." Some of the initiatives in highlighted by the key deliverables included:
Mexico has one of the hottest post-recession economies in the world, with a projected growth rate of 4 percent for 2013–2019 and a controlled inflation rate of 3.8 percent. According to the U.S. Department of State's Bureau of Economic and Business Affairs,