AMLO to present import substitution plan to US President Joe Biden in January

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Andrés Manuel López Obrador, president of Mexico, will present an import substitution plan for North America, in his meeting next January with US president Joe Biden.

“The meeting with President Biden is going to be very important for this reason, because we are going to propose a plan to substitute imports and produce in America, first in North America, but in the medium term throughout the entire American continent, what we consume,” AMLO said on Tuesday, December 13th, at his daily morning press conference.

López Obrador referred to the North American Leaders Summit that Mexico will host next January with Biden and Justin Trudeau, Prime Minister of Canada, whom he had already asked for greater economic integration at the trilateral meeting in November 2021 in Washington.

Without detailing the plan, he argued that “this is going to mean investment and many jobs.”

“The economic situation of the country is very optimistic, that is, there is a lot of optimism, many companies that were in Asia are already set up, they are moving to Mexico, and this is quite favorable,” Obrador said.

He also announced “two important plans” for his meeting with his US counterpart, “one that has to do with an alliance for the well-being of all the peoples of Latin America and the Caribbean.”

“And one more thing, we want the countries in Latin America, in the Caribbean, and throughout the continent, to see us as allies, and that the sovereignty of the peoples is respected, the self-determination of the peoples. It is a general approach for this visit by president Biden,” López Obrador concluded.

Source: OEM

Mexico Daily Post