Mexico and Canada launched this monday a High Level Economic Dialogue (DEAN) with which the two countries seek to strengthen their 78-year relationship as business partners through three pillars to promote bilateral trade and investment.

The collaboration mechanism strengthen the competitive advantage of both countries, supporting inclusive growth and strengthening the investment climatesaid the Secretary for the Economy, Tatiana Clouthier.

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The official recalled that the country of the maple leaf is the fifth trading partner of Mexico, with an exchange of more than 24 thousand 300 million dollars last year, in addition to the fact that the two countries belong to the USMCA.

“East mechanism will allow us to listen to concerns and promote investment projects and priorities in each of our countries,” he added during the presentation.

A joint statement said the DEAN aims to strengthen economic and trade relations between the two countries by implementing strategic initiatives based on shared priorities.

“Our work will begin focus on a robust economic recovery after the pandemic, including the promotion of inclusive business strategies in favor of underrepresented groups such as women, youth and indigenous peoples, as well as the innovation and resilience of regional sectors”note the document.

According to the representations of the two countries, These efforts will create jobs, increase competition and achieve a resilient and inclusive economy.

For its part, Canada’s Minister of International Trade, Mary Ng, said the global landscape makes strengthening the trade relationship of great importance. and benefit businesses and workers in both countries.

The DEAN was launched as part of the start of Mexico and Canada’s review of the energy policies of the government of Andrés Manuel López Obrador, requested under the T-MEC.

In this regard, Ng stressed that the Canadian government is willing to collaborate under the T-MEC despite conflicts over energy, labor and regulatory permits.

The Canadian minister recalled that Mexico is her country’s third largest trading partner and one of the 10 main destinations for Canadian direct investment abroad.