President López Obrador expanded the irrigation districts as part of the US-Mexico CEO Dialogue. President Claudia Sheinbaum assured that the Mexico, United States, and Canada Agreement (USMCA) is not at risk, regardless of the outcome of the elections in the United States.
Regarding the volatility of the exchange rate, attributed to statements from one of the US presidential candidates, Sheinbaum mentioned that trade relations between North American countries are fundamental and that they seek to maintain economic integration.
"It is not that there is competition between Mexico and the United States, nor in the automotive industry; we complement each other within the framework of the treaty," Sheinbaum stated, highlighting the importance of expanding the process to the entire continent.
Despite the economic contraction of 0.3% in August, according to INEGI, partly attributed to the drought, Sheinbaum expressed optimism for the future. "The treaty is not at risk. And this entire program we are proposing will help ensure that the primary sector does not see a decline in GDP or production." An improvement is expected next year due to rainfall, and the economic integration in the region is reaffirmed.
