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The longstanding commercial ties between Canada and Mexico have grown significantly since 1994 with NAFTA

NAFTA



The longstanding commercial ties between Canada and Mexico have grown significantly since 1994 with NAFTA and more recently with T-MEC, fostering regional integration. Graeme Clark, Canada's Ambassador to Mexico, offers perspectives on the evolution of this relationship and the current challenges it faces.

Clark, whose career spans from the University of Toronto to various roles in the Canadian Foreign Service since 1989, has held key diplomatic positions across Latin America, including ambassadorships to Peru, Bolivia, and the Organization of American States, as well as serving in France. With extensive experience, he brings valuable insights to his current role, having presented his credentials to the President of Mexico on September 22, 2020.

Recent amendments to Mexico's Mining Law, which now allows concessions up to 30 years, are of particular interest to Canada, a leading foreign investor in Mexico's mining sector. Clark stresses the importance of monitoring these changes and engaging in ongoing discussions with Mexican authorities, including Secretary of Economy Raquel Buenrostro Sánchez, to address Canadian concerns and ensure regulatory balance under T-MEC.

Reflecting on Canada's economic role compared to Spain as Mexico's second-largest trading partner, Ambassador Clark highlights recent data indicating Canada's significant investments across sectors like manufacturing, aerospace, and finance. He emphasizes responsible investment practices that uphold environmental and community standards, fostering a mutually beneficial relationship.

Looking ahead, Clark underscores the pivotal role of private sector investments in strengthening bilateral ties and promoting regional prosperity across North America. Initiatives such as academic mobility programs are key to enhancing educational exchanges between Canada and Mexico, further deepening bilateral relations.

In conclusion, Ambassador Clark encourages Canadians and Mexicans to embrace cultural understanding beyond stereotypes, fostering deeper connections and appreciation for each other's countries. His insights underscore the dynamic and evolving nature of Canada-Mexico relations, emphasizing collaboration, mutual respect, and shared prosperity as foundational to their bilateral ties.

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Sally Sudol

MANAGING DIRECTOR RIVIERA MAYA