Carney, Sheinbaum sign deal to deepen economic ties
- On Thursday in Mexico City, the Canadian Prime Minister and Mexico's President formalized an agreement to strengthen their countries' economic cooperation and security collaboration.
- The agreement follows growing bilateral trade worth nearly $56 billion in 2024 and aims to address global trade challenges amid U.S. tariff pressures.
- The pact includes expanding special work visas for Mexicans in Canada, enhancing infrastructure like ports and rail, and cooperating on crime and environmental protection.
- Carney emphasized the aim of enhancing opportunities for Canadian workers and businesses and strengthening North America's position as the leading economic region, a move that received positive feedback from the Canadian Chamber of Commerce.
- This comprehensive partnership signals a new era of Canada-Mexico cooperation and precedes formal consultations ahead of a continental trade deal review planned for next year.
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"Canada and Mexico complement their forces, especially in times of challenge and crisis (...) We are stronger united," said the Canadian leader.
Canada and Mexico Sign Strategic Partnership Agreement on Trade and Security
Prime Minister Mark Carney and Mexican President Claudia Sheinbaum have signed a broad strategic partnership agreement between the two countries. The deal, signed Sept. 18, will entail expanded ocean trade routes, enhanced security cooperation, and provision of more short-term work visas for Mexicans to work in Canada, along with increased ties in energy, finance, and health care. “Today, we’re beginning a new era of elevated cooperation with a …
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‘A new era’: Canada, Mexico sign strategic partnership deal to deepen economic, security ties
MEXICO CITY — Canada and Mexico have signed a pact to deepen economic and security ties ahead of what is expected to be a challenging round of negotiations with the United States on a trilateral trade deal.
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