AmSoc and CONCAMIN are collaborating to boost competition and investment.

The American Society of Mexico (AmSoc) and the Confederation of Industrial Chambers of the United Mexican States (CONCAMIN) have reaffirmed their commitment and collaboration to strengthen competitiveness, investment, and supply chains between Mexico and the United States.

During CONCAMIN’s 107th anniversary, representatives from both organizations emphasized the importance of maintaining dialogue between companies in both countries, with the aim of identifying investment opportunities and strengthening the conditions for the growth of Mexican industry.

Larry Rubin, president of AmSoc, has pointed out that the economic relationship between Mexico and the United States requires more active participation from the business sector, especially given the changes taking place in regional supply chains and the upcoming review of the United States-Mexico-Canada Agreement (USMCA).

“Today, the bilateral relationship calls for a comprehensive dialogue. Security has become a central component of the agenda between Mexico and the United States, and for that reason, the industry’s participation is indispensable. The voice of CONCAMIN, as the representative of the country’s main productive sectors, is essential to enriching this dialogue and strengthening cooperation between the two nations,” Rubin emphasizes.

From an industrial panorama, a binational cooperation is significant due to the United States’ importance to Mexican exports, as well as the growing integration of suppliers from both countries in various sectors such as the automotive industry, advanced manufacturing, technology, logistics, and energy.

Alejandro Malagón, president of CONCAMIN, emphasized that keeping high-level business dialogue open would make it possible to identify solutions and opportunities for the industries involved in the North American production chain.

Similarly, the collaboration between the two organizations is expected to contribute to an agenda that   promotes investment and job creation, in addition to strengthening the ability of Mexican companies to integrate into regional supply chains.