ECONOMY
Mexico's trade regime is built upon free trade agreements
with the United States, Canada, the European Union, and many other countries
(44 total). Since the 1994 devaluation of the peso, successive Mexican
governments have improved the country's macroeconomic fundamentals. Inflation
and public sector deficits are under control, while the current account balance
and public debt profile have improved. Mexico’s sovereign debt remains
investment-grade, with a stable outlook.
TRANSPORTATION AND COMMUNICATIONS
Mexico's land transportation network is one of the most
extensive in Latin America with 366,341 kilometers (224,749 mi.) of paved
roads, including more than 13,035 kilometers of four-lane paved roads. The
26,704 kilometers (16,382 mi.) of government-owned railroads in Mexico have
been privatized through the sale of 50-year operating concessions.
NATIONAL SECURITY
President Calderon has made combating organized crime a
priority of his administration and, to that end, has deployed the Mexican
military to 10 Mexican states to assist (or replace) the weak and often corrupt
local and state police.
Mexico’s efforts to reform its judicial sector and
professionalize its police forces reflect its commitment to promote the rule of
law and build strong law enforcement institutions to counter the threat posed
by organized crime. The U.S. assists Mexico in this effort through the
multi-year $1.4 billion Merida Initiative, which directly supports programs to
help Mexico train its police forces in modern investigative techniques, promote
a culture of lawfulness, and implement key justice reform. Elements of the
police force began to replace the military in strategic locations in 2010.
U.S.-MEXICAN RELATIONS
U.S. relations with Mexico are as important and complex as
with any country in the world. U.S. relations with Mexico have a direct impact
on the lives and livelihoods of millions of Americans--whether the issue is
trade and economic reform, homeland security, drug control, migration, or the
environment. The U.S. and Mexico are partners in NAFTA, and enjoy a broad and
expanding trade relationship. Since the first North American Leaders’ Summit in
2005, the United States, Canada, and Mexico have been cooperating more closely
on a trilateral basis to improve North American competitiveness, ensure the
safety of our citizens, and promote clean energy and a healthy environment.
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