WASHINGTON, D.C./Ciudad de Mexico CDMX – The United States Hispanic Chamber of Commerce (USHCC) in collaboration with border business groups (see full list below) expresses serious concern for proposed laws directed at the food and beverage manufacturing industries in Mexico. These laws could negatively affect trade between the U.S. and Mexico and impact our collective members on both sides of the border. These new laws threaten to hurt jobs and growth, erode investor confidence, and will ultimately dampen the spirit of the new and important United States, Mexico, and Canada Agreement (USMCA).
“The USHCC and our coalition members oppose any law that will harm business members and delay our economic recovery,” said Ramiro A. Cavazos, President & CEO, USHCC. “As we work together to create jobs and opportunity for the global economy during this COVID-19 pandemic, we must promote policies that provide fluidity, encourage commerce, and allow all industries to take full advantage of trade agreements such as the USMCA. State governors cannot hold thriving business sectors hostage while paralyzing crucial economic stimulus for Mexico’s already impacted business community due to COVID-19.These legislative initiatives will harm our business members and other respective constituents whooperate internationally.”
Newly Formed Binational Business Coalition:
•Albuquerque Hispano Chamber of Commerce
•Arizona Hispanic Chamber of Commerce
•Border Plex Alliance (El Paso, TX, Cd. Juárez, CH, Las Cruces, NM)
•El Paso Hispanic Chamber of Commerce
•Greater Austin Hispanic Chamber of Commerce
•Los Angeles Latino Chamber of Commerce
•Orange County Hispanic Chamber of Commerce
•Rio Grande Valley Hispanic Chamber of Commerce
•San Antonio Hispanic Chamber of Commerce
•Texas Association of Mexican American Chambers of Commerce (TAMACC)
•Texas Border Coalition
•Tucson Hispanic Chamber of Commerce
•United States Hispanic Chamber of Commerce
•United States-Mexico Border Philanthropy Partnership
• United States Mexico Chamber of Commerce
The Binational Coalition partners urge greater collaboration among Mexican government officials, especially the Ministry of Health (Secretaría de Salud) and the Ministry of the Economy (Secretaría de Economía). Collectively, we must safeguard the free flow of commerce and binational trade created through the recent implementation of the USMCA. We encourage policy measures that promote economic stability and facilitate the expansion of foreign direct investment across all industries.
We further affirm our support for our food and beverage industry partners in the United States, Mexico, and Latin America, and look forward to the opportunity to participate in future dialogue and identify policy solutions to the challenges facing all countries and economies during this time.
Questions may be submitted to email@example.com.
About the United States Hispanic Chamber of Commerce
The United States Hispanic Chamber of Commerce actively promotes the economic growth, development, and interests of more than 4.7 million Hispanic-owned businesses, that combined, contribute over $800 billion to the American economy every year. It advocates on behalf of its network of more than 250 local chambers and business associations nationwide, and partners with more than 260 major American corporations. For more information, please visit ushcc.com. Follow us on Twitter @USHCC.