City of Dallas and ProMexico to sign memorandum of understanding

by PegNews wire

Following two successful trade missions to Mexico, the city of Dallas and ProMexico will move to strengthen the relationships between Mexico and Dallas. The two entities will sign a memorandum of understanding (MOU) to promote trade and investment cooperation between Dallas and its southern neighbor.

Mayor Tom Leppert and City Manager Mary Suhm along with area business leaders met with Bruno Ferarri in Mexico City last October while attending the ribbon cutting of the Dallas Regional Chamber of Commerce virtual office. This agreement is a product of that meeting and an earlier trade mission.

It is the next step towards formalizing trade relations between the governments of Mexico and the City of Dallas.

The MOU will solidify relationships and encourage cross-border investment and trade.

International business is one of the driving forces in Dallas’ local economy. International trade in the Dallas area has more than tripled in the last decade, with trade between Mexico and Dallas totaling $57 billion in 2007.

WHAT: Dallas Mayor Tom Leppert and ProMexico’s CEO, Bruno Ferrari, to sign a Memorandum of Understanding to expand trade and business relations

WHEN: Friday June 5, beginning at noon— actual signing will take place at luncheon with a press conference immediately following

WHERE: Tower Club, 1601 Elm Street, 48th Floor, Dallas, Texas 75201.

To RSVP for luncheon and/or press conference contact Sarah Chacko with the City of Dallas Protocol Office at (214) 671-9291 or sarah.chackowac@dallascityhall.com.

Source: City of Dallas

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jtmbls, says:

Awesome - So Dallas gets more drug lords and cool street names...What does Mexico get?

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6 months ago
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Chris Kidd, says:

We'll be sending them Angry Black Holes that lack common sense. Thats right, we're getting rid of JWP and the gang from the commissioners court and sending them to Mexico D.F. With their expertise, the whole country will be out of business in 18 months tops, which will allow for an easy takeover.

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6 months ago
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Jason Rice, says:

Well I for one am glad we'll finally be dealing with ProMexico. The bunch of apparent amateurs we've been stuck with so far are giving the place a bad name.

::the whole country will be out of business in 18 months tops
We could speed that up if California would just annex them.

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6 months ago
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Colleen Walsh, says:

Hold on, I thought international relations were designed to be head at the Federal, Executive level. This scares me.

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5 months, 3 weeks ago
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Jason Rice, says:

Colleen, it's a "Memo of Understanding" - like before a leveraged buyout. So probably Texas will purchase Mexico in a cashless stock swap (it is dirt-poor Mexico after all), but due to management/CEO agreements (golden handcuffs/parachutes) and the resulting downturn in the joint company profitability, cuts will leave their management in charge.

Further force reductions will force you and I to be Canadian and the resulting partnership will eventually be absorbed by New Mexico in an attempt to hide money laundering and executive perks by the new administration.

That's all it means. Don't worry the next Congress will bail them out and Global Warming<font size="1">TM</font> makes Canada the new Cape Cod.