California and Mexico Ratify Agreement to Expand Relations in Trade, Investment, Energy, and Environmental Policy

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Contact: Michelle Reynolds

Participants will meet annually to ensure cooperative relations sustain over time.

Lieutenant Governor Eleni Kounalakis, Governor Gavin Newsom’s representative for International Affairs and Trade Development, announced today that The Ministry of Economy of the United Mexican States and the Government of the State of California ratified an agreement to expand California – Mexico relations in trade, investment, energy, and environmental policy. The memo of understanding will expand the current level of economic and investment cooperation between Mexico and California in digital economy and creative industries, alternative and renewable energy, environmental and related clean technologies, agriculture-related technologies, micro, small and medium enterprises, and workforce development.

Lieutenant Governor Eleni Kounalakis said, “Mexico’s new trade policy priorities of innovation, diversification and inclusion coincide with priorities upon which California has established its own economic growth strategy. Fostering this collaboration between California government, businesses, and The Mexican Ministry of Economy will allow concrete business development and innovation to thrive in both Mexico, California, and beyond.”