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Cabinet Officials From US, Mexico Talk Chips and Pharma

Electric vehicle manufacturing and supply chain resilience in semiconductors continued as major topics in the U.S.-Mexico High-Level Economic Dialogue, and pharmaceutical supply chain resilience is now also on the agenda, according to a joint statement after the HLED in Mexico City Sept. 12.

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Previously, the U.S. government worked with Mexico's regulators "to align requirements with international standards for the importation and production of medical devices."

The statement said that during this meeting, the officials "discussed collaboration on electromobility, digital economy, workforce development, and supply chain resilience in sectors such as pharmaceuticals, where Mexico’s Federal Commission for Protection Against Sanitary Risks is working to optimize the regulatory environment."

Commerce Secretary Gina Raimondo, Secretary of State Antony Blinken and Deputy U.S. Trade Representative Jayme White led the U.S. delegation, and met with Mexico's economy secretary, foreign secretary and finance secretary.

Mexico has a goal of having half of its vehicle production be zero-emission vehicles eight years from now, and industry, academics and Mexico's government have a transportation working group to help get there.

"To Build Back Together, the United States and Mexico will work to improve the regional business climate and strengthen the resilience of U.S.-Mexico supply chains. Last year’s HLED launched the U.S.-Mexico Supply Chains Working Group to assess supply chain needs to attract investment and reduce vulnerabilities to disruptions in critical sectors, such as semiconductors and information and communication technologies," the joint statement said.

"Both countries committed to work with our private sectors to identify locations with the right skillsets, infrastructure, and industrial capabilities for greater investment in the semiconductor and ICT ecosystem. We will work together to pursue a pilot project to determine the feasibility of near-shoring semiconductor manufacturing inputs."

While Blinken was in Mexico City, he also met with Mexico's president, and they talked about investing in solar technologies, EVs and semiconductors.