Archive for May 9th, 2008

09
May
08

Wealth along the US-Mexico Border

When most people in our area (Nashville, TN) think of the US-Mexican border, they envision a long, desolate scene with immigrants running to get across. Some think of narcotics traffic northward, and still others think about booming cities and Cinco de Mayo.

However, most don’t know about the border and the potential for growth between the two nations. Did you know that along the almost 12 thousand miles of border between the US and Mexico, there are approximately 12 million residents? Did you know that the aerospace and technological industries have approximately 1 million people working in them in Mexico alone? Did you know that Mexico is the United States’ second largest trading partner? Did you know that the United States is Mexico’s largest trading partner? Did you know that approximately $1 Billion per day is being traded across the border? Yes, ONE BILLION DOLLARS

With such a huge trade occurring between the two countries, one might be incredulous that it could be taking place. But Deputy Consul of Mexico in Tucson, Arizona Bernardo Mendez-Lugo explains how President Bush and President Calderon are focusing on security a top issue.

“Not only the migration and other issues of security,” Mendez said during a radio interview last week, “there are problems with Narcotics and the drug trafficking, but also Mexico is very worried about the arms traffic into Mexico, and I think this is one of the issues that President Calderon was pointing out in this recent meeting of the Tri-National prosperity and security partnership in New Orleans with President Bush and Prime-Minister Harper.”

Mendez-Lugo acknowledges that traffic of illegal drugs and people is an issue, but at the same time, he believes that there needs to be better control at ports of commerce and at Customs stations.

“We can do more in industry and international trade and the facilitation of trade with better ports of entry and better technology for the border system for customs,” Mendez-Lugo told host Mike Orshan.
So why are we, as Americans sending Billions of dollars overseas to China when Mexico is a closer and equally available trading partner?

Listen to the whole interview here.