Consejo Mexicano de Asuntos Internacionales

Última actualización:
2024-05-03 20:43

LÓPEZ OBRADOR’S REMARKS ABOUT ‘IMPORT SUBSTITUTION’ RAISE EYEBROWS

Fecha Publicación: 30-01-2023

Mexican President Andrés Manuel López Obrador this week announced that the U.S., Canada and Mexico planned to form a committee focused on “import substitution,” a phrase that does not appear in a joint declaration issued soon after by the three countries -- and one that has left some analysts scratching their heads.

Standing between President Biden and Canadian Prime Minister Justin Trudeau following a trilateral meeting on Tuesday in Mexico City, López Obrador said the three leaders “agreed to strengthen our economic and trade relations, for which a joint committee will be created for planning and import substitution in North America; to aim to be increasingly self-sufficient; and to make the development, cooperation and the well-being of all the countries on our continent a reality,” according to a translation of his remarks released by the Mexican government.

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