California and Mexico Sign Pact to Strengthen Economic Ties

Mexico City, Mexico - On the final day of the California Trade and Investment Mission to Mexico, Governor Edmund G. Brown Jr. signed a broad agreement with Mexico’s Ministry of Economy to expand trade between businesses in Mexico and California.

“For California business, Mexico represents incredible opportunity,” said Governor Brown. “And with today's agreement, we lay the foundation for job-creating investments that will benefit the people of California and Mexico.”

The agreement will boost economic, cultural and academic cooperation between California and Mexico, with an emphasis on advanced manufacturing, alternative energy, health and biotechnology, education, agricultural technology and tourism.

The agreement will also enable Mexican companies to access California's Innovation Hubs (iHUB), an innovation network that includes 16 clusters of research parks, technology incubators, universities and federal laboratories along with economic development organizations, business groups and venture capital funds.

Today's agreement follows Governor Brown's meetings with Mexican President Enrique Peña Nieto, Secretary of Foreign Affairs José Antonio Meade Kuribreña, Governor of the State of Mexico Eruviel Ávila, U.S. Ambassador to Mexico E. Anthony Wayne, Secretary of Energy Pedro Joaquín Coldwell and President of the Senate Raúl Cervantes Andrade. The Governor has also signed agreements with Mexican officials on education, renewable energy and to reduce greenhouse gases.

A copy of the agreement signed today can be found here.

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