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shipping port in mexico

Mexico Investing $5 Billion Into Infrastructure at 117 Ports

April 6, 2017 12:05 am Published by

Despite President Trump’s threat to withdraw the United States from the North American Free Trade Agreement (NAFTA), Mexico is investing $5 billion into port infrastructure at its 117 ports.

It’s all about building infrastructure to respond to the demand of mobility and value-adding, to anticipate economic growth and to integrate it in a well-coordinated and harmonic system.- General Coordinator, Mexican Ports and Merchant Marine Agency

Since 1994, when the North American Free Trade Agreement (NAFTA) was signed by the USA, Mexico, and Canada, bilateral commerce between Mexico and the United States has grown by 483 percent. In terms of ports and maritime commerce, Mexico and the U.S. exchange $64 billion of cargo annually and currently have 114 regular shipping lines between Mexican and American ports, on both coasts.

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