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Los Angeles Area Chamber of Commerce Hosts U.S. Ambassador to Mexico Carlos Pascual for Economic, Political Update

October 19, 2010 8:00 am

LOS ANGELES, CA – In his first official visit to Los Angeles since being appointed by President Barack Obama, Carlos Pascual, United States Ambassador to Mexico joined the Los Angeles Area Chamber of Commerce and local business leaders for an economic and political briefing.

Ambassador Pascual highlighted Mexico’s record-high international reserves, as well as an increased competitiveness due to its desire to break through as one of the emerging economies.  He also spoke about the drug-related violence that has spread across the country and impacted business.

“One of the important things for both countries (the U.S. and Mexico) is to see how we can work together on security issues so that our economies can keep creating jobs … and so that security, and not insecurity defines our economic reality,” said Ambassador Pascual.

He pointed to U.S.-Mexico historic relations that have integrated both economies and benefited companies such as Ford and General Motors, creating jobs on both sides of the border.

“The relationship between Mexico and the United States is one of the most important that we have … and we have to keep reminding Americans that Mexico is the number two destination for all of the exports from the U.S.,” Pascual said.

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The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region.  For more information, visit www.lachamber.com.


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