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Mexico is the third largest U.S. trading partner after Canada and China. The U.S. is Mexicos largest trading partner and biggest investor. The U.S.-Mexico border: nearly one million travelers daily and purchasing nearly $1 billion worth of manufactured goods. A total of 22 U.S. states have Mexico as the number one or number two destination for their exports. Texas and California are the leaders. Mexico is Arizonas largest trade partner. In 2009, the U.S. provided up to 80% of all materials for Mexicos manufacturing and assembly firms, and 90% of all its exports returned to the U.S., translating to over $114 billion in bilateral trade. Evidence that some U.S. companies are leaving China and moving back to neighboring Mexico due to: lower transportation costs, same time-zone. Mexican visitors contributed $976 million to the Tucson regional economy in 2009. Tucson-Mexico Trade Program 3
Other Trade
Retail goods and services Tourism and travel Educational exchange Sporting events Music, Dance, Art Friendship and families
Proposed Program
A program is a group of ongoing activities involving communication and interactions between many people, in the private and public sectors on both sides of the border. Within the trade program there are initiatives with defined scopes and schedules that will be coordinated among all partners. The program could include a collaborative website to serve as the initial contact point for all Tucson-Mexico business relations, a physical office, other means of communication or all of the above.
Proposed Mission
The Tucson-Mexico Trade Program will move Tucson in the direction of creating new relationships and forming strong international partnerships through ongoing communications and initiatives, which translates into jobs and economic opportunities.
Proposed Functions
The Tucson-Mexico Trade Program mission would be carried out by MTCVB, Caballeros del Sol, other local business, sports and cultural organizations, with the City of Tucson as a supporting partner. Hosting official international dignitaries in Tucson and participating in trade conferences on both sides of the border. Maintaining long-term relationships through ongoing communications with all businesses, big and small, on important projects and initiatives. Collaborative teamwork among local groups to assist trade partners with marketing, public relations, transport services, language, formalities, etc. Offer frequent social and educational workshops on key trade topics.
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business partnerships and opportunities Increase tourism and revenue generation Promote international sports leagues and tournaments Increase investments in the Tucson region Create more local jobs in the global trade industries
Questions?
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