Second Annual Meeting HLED

September 12, 2022

Institutional Context

The High Level Economic Dialogue (HLED) between the United States and Mexico is a binational mechanism of dialogue created in 2013 by Presidents Barack Obama and Enrique Peña Nieto. This mechanism is directed at advancing economic and trade priorities to promote economic growth, job creation, and global competitiveness for Mexico and the United States. The High Level Economic Dialogue meets once a year at the cabinet level. Through this mechanism, a variety of bilateral dialogues and working groups are promoted.

Second Annual Meeting HLED

On September 12th, 2022, senior government officials from Mexico and the United States met in Mexico City for the second annual meeting of the High-Level Economic Dialogue (HLED). The Secretary of Economy, Tatiana Clouthier, the Secretary of Foreign Relations, Marcelo Ebrard, the Secretary of Finance and Public Credit, Rogelio Ramírez de la O, and the Mexican Ambassador to the United States, Esteban Moctezuma, chaired the meeting for Mexico. Secretary of State, Antony Blinken; Secretary of Commerce, Gina Raimondo; Deputy Trade Representative, Jayme White; and United States Ambassador to Mexico, Ken Salazar, chaired the meeting by the United States.

During the 2022 meeting, officials reviewed the achievements made and discussed new areas of collaboration, including collaboration to combat the challenges of climate change to meet commitments on the UN 2030 agenda and to have ecological transport on the border to improve the quality of air and public health. They also discussed collaboration in electromobility, the digital economy, workforce development and resilience of supply chains in sectors such as pharmaceuticals, in which the Federal Commission for Protection against Health Risks (COFEPRIS) is working to optimize the regulatory environment.

Both countries committed to: working with the private sector to identify sites with the appropriate industrial skills, infrastructure, and capacities for increased investment in the semiconductor and ICT ecosystem; carry out a pilot program to determine the feasibility of bringing semiconductor input production centers closer together to reduce risks of future supply chain interruptions; and support greater integration of small and medium-sized companies (SMEs) in these supply chains.

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