Following an announcement by Tesla Inc. to build its new plant in Monterrey, Mexico, the American Chamber Mexico held a binational border trade dialogue to strengthen cooperation for economic development in north-east Mexico and the Rio Grande Valley region.
Private and public sector trade representatives from both sides of the Texas and Mexico border gathered to discuss the opportunities nearshoring presents to Mexico and the Rio Grande Valley Border Region.
David Eaton, President of the American Chamber/Monterrey Chapter moderated the dialogue expressing enthusiasm and support for an alliance to attract and retain new investments into the region. "Border trade is a major focus for Rio Grande City as it is home to one of two border crossings closest to the industrial giant of Monterrey," said Dalinda Guillen. "Aligning our resources to support the growing demands of border trade is necessary." Rio Grande City is one of several border cities advocating for expanded infrastructure and security to Mexico's Federal Highway 54 as it brings international commercial trade directly into the United States market.