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Significance
While the full modernisation plan has not yet been unveiled, it will probably represent the largest joint infrastructure investment in decades and could further cement bilateral ties.
Impacts
The Biden administration may struggle to prevent US immigration and drug concerns from undermining enthusiasm about facilitating trade.
The militarisation of Mexican customs could slow clearance due to security concerns and military inexperience in trade procedures.
State and local governments on both sides of the border could become key stakeholders in promoting deeper customs integration.
Keywords:
Mexico,
United States,
LA/C,
NA,
Canada,
MEXICO/US,
economy,
industry,
international relations,
politics,
social,
construction,
crime,
foreign trade,
government,
infrastructure,
investment,
private sector,
public sector,
security,
talks,
technology,
arms,
immigration,
narcotics
© Oxford Analytica 2023. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2023
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