NPI in the news: "Study says U.S. undervalues its trade relationship with Mexico"
The New Policy Institute’s 21st Century Border Initiative released a major new report researched by The North American Center For Transborder Studies (NACTS) at Arizona State University, “Realizing the Value of our Cross Border Trade with Mexico.”
Jonathan Clark of The Nogales International Newspaper wrote a story on the report:
"There is no other relationship for the United States that is as dismissed and yet ironically as crucial for our country's well-being as the one with Mexico," says the study, developed by Arizona State University's North American Center for Transborder Studies and the Washington, D.C.-based New Policy Institute.
Even in Arizona, a state that in 2010 conducted $10.7 billion in trade with Mexico and where 235,700 jobs depend on that trade, full appreciation of the bilateral commercial relationship is limited mostly to the immediate border region, said ASU's Erik Lee, the primary author of the study."
NDN President released the following statement during the relese of the report:
NDN/NPI President Simon Rosenberg released the following statement on the release of the report:
“This compelling new report underscores what a vital economic partner Mexico has become for the people of the United States. We hope this work, and the work of our 21st Century Border Project, will help lead to a greater appreciation in the minds of many, of just how important the bi-lateral relationship is for the US today."
"That we trade more Mexico than we do with the UK, Germany and Japan combined, and almost as much as we do with China, will certainly be eye-opening to many.” We share a 2,000 mile border; our two largest states are adjacent to Mexico; more than a billion dollars a day of trade crosses our borders each day, and in the US, 10 percent of our population is of Mexican descent. "
"Our relationship with Mexico is like no other bi-lateral relationship in the world today, and certainly needs to be seen as one of our most vital, essential relationships in a changing, early 21st century geopolitical landscape. “
For more from NPI's 21st Century Border Network please click here
For the spreecast of the event please click here
For the executive summary click here
For the full report please click here
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All those who were hoping that Egypt would open its stock market today, as had been indicated previously by the Egyptian Central Bank, will be disappointed. Not only will the CASE not open today, but it will remain shut on Monday and Tuesday as well. The reason: the Thermidor reaction at local banks is starting.
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