This week, Mexico and Canada initiated the construction of a bilateral action plan to be unveiled in the second half of the year, aimed at enhancing economic integration before the review of the T-MEC, according to Mexico's Economy Secretary, Marcelo Ebrard. The Canadian delegation, led by Minister of Trade and Intergovernmental Affairs Dominic LeBlanc, seeks to accelerate business cooperation between approximately 400 Canadian companies and a similar number of Mexican firms, establishing a foundation for a long-term strategic relationship.

Ebrard emphasized that their discussions extend beyond just promoting trade; the plan intends to address regulatory uncertainties, safeguard supply chains, and facilitate investments in key sectors such as critical minerals, port infrastructure, pharmaceuticals, and technologies. The collaboration reflects a mutual commitment from both nations to create a predictable and secure environment for businesses, which is essential for sustaining economic growth and strengthening their economic ties.

This initiative not only demonstrates the ongoing partnership between Mexico and Canada but also underscores the importance of proactive measures in response to a constantly evolving global economic landscape. As both countries prepare for the T-MEC review, it highlights their commitment to addressing challenges and capitalizing on opportunities to bolster their economic relationship in the coming years.