To be a competitive, resilient and prosperous region, the Prime Minister of Canada Justin Trudeau He recommended that Mexico allow private investment in its so-called “critical” minerals such as lithium so that the North American region becomes a leader in electric car production.
During his visit to our country, the politician held a private meeting with members of the North American business community on Monday, organized by the Business Coordinating Council (CCE), the American Chamber of Commerce and the Business Council of Canada.
In it, the first Canadian president called for trilateral trade to be preserved as an axis of prosperity for the region, but certain conditions are required to provide jobs to citizens.
Trudeau, who is in Mexico to attend the North American Leaders Summit (CLAN), assured that Canada is a trusted partner in the trilateral trade relationship, and offered to operate his mining companies to make the most of the critical minerals that lead to to the development of electric cars and the creation of jobs for citizens.
The electric cars that citizens want to drive use essential minerals, and Canada released the critical materials to see the opportunity we had and be a leader in the transition to a clean energy economy,” said President Trudeau.
He assured that there are great benefits and opportunities in the automotive, agri-food and renewable energy sectors so that the world is looking to North America to create them.
In August 2022, the Mexican government announced the creation of the public company LitioMX, in the state of Sonora, which will be responsible for managing Mexico’s lithium exploitation, as established by a mining law reform passed in April of that year . anus.
But as the president himself admitted Lopez ObradorThis does not exclude the possibility that private companies can participate in the mineral trade.
In this regard, the Canadian politician affirmed that his country is a stable and reliable partner and emphasized that Canadian mining companies are responsible for the environment.
“In Canada, we have almost half of the mining companies. We are present in many countries and I am happy to see many colleagues in this activity,” said the Canadian president.
IP: there is plenty of potential
Meanwhile, business representatives from Mexico, the United States and Canada confirmed that there are great investment and growth opportunities for the North American region, but to take advantage of this they require respective governments to demonstrate full compliance with the USMCA, the rule of law and energy security. .
In the context of the Trilateral Business Summit parallel to the CLAN, Francisco Cervantes, President of the Business Coordinating Council (CCE) He said: “To realize all these opportunities, it is essential that governments ensure full compliance with the Treaty, the rule of law, legal certainty and energy security to support North America as the most attractive region for investors as we compete with the entire world”.
Myron Brilliant, Executive Vice President and Director of International Affairs of the US Chamber, noted that at the meeting to be held by the leaders of the three countries, “our leaders have a duty to promote shared prosperity and inclusive growth across the continent. at a time of global uncertainty.
Before Justin Trudeau, Canada’s first president, ordered Goles Hyder, president of the Business Council of Canada, “We can’t wait, we have to act.”