Mexico Agrees with U.S. to Invest $1.5 Billion in Border Infrastructure

Mexico’s government has agreed to invest $1.5 billion in infrastructure and border security for the remainder of Andrés Manuel López Obrador’s six-year term.
The money Mexico will invest will be used to modernize border crossings, increase security, create local jobs, as well as build and modernize land ports of entry on the northern and southern borders.
“More resilient, more efficient and more secure borders will enhance our shared trade. We are committed as never before to complete a multi-year joint plan to modernize U.S.-Mexico border infrastructure for projects along the more than three thousand-kilometer border,” the federal government said in a statement.

This as part of the agreements reached by the Mexican president with his counterpart Joe Biden, during the meeting they had this July 12 at the White House.
“The joint effort will align priorities, unite border communities and make the flow of trade and people safer and more efficient,” the statement read.
Mexico’s commitment is part of the Bipartisan Act that Joe Biden published in November 2021.

Mexico and the U.S. on Security
On security, the two leaders agreed to work together to address the main challenges affecting them, including drug trafficking, specifically fentanyl, human smuggling and arms trafficking.
“We pledged to deepen our cooperation to combat transnational criminal organizations that foment violence in both countries.”
Regarding the migration issue, they agreed that working groups will be held to solve the problem of child migration, as well as to improve the economic and social conditions of the region.
 
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Original source in Spanish