Puebla farmers recently signed a contract with Plantas Continental to sell their roses in the United States.
The initiative, headed by Puebla Gov. Rafael Moreno Valle, will introduce two rose species exclusive of the state — the “Puebla” rose and the “5 de Mayo” rose — as well as 129,520 other varieties of roses to be sold in the international market.
Because the Puebla and 5 de Mayo species only exist in the state, rose producers will be able to easily gain access to the market and increase their earnings, said Moreno Valle.
He added that without this exclusive patent, trade would be limited to only the national market and the producers’ earnings would be less. Moreno Valle said that agricultural contracts are important because they put producers in direct contact with businesses and cut out the middlemen who earn money without really working.
“We want a more efficient market, one that assures more benefits and a better quality of life in the country,” said Moreno Valle. The governor added that his administration will push for economic restructuring and look for products that do well in each region of the state, especially those with high market demand.
Moreno Valle asked that the producers be vocal in this strategy, saying that it could be a viable path to revive rural areas and address poverty and inequality.
The governor also announced that 5.5 million pesos ($423,000) will be invested to support rural producers in the municipalities of San Felipe Teotlalcingo, Chiautzingo, San Salvador el Verde and Tlaltenango.
US, Mexico strike deal on trusted traders
Backed by trucking groups, customs brokers and others involved in cross-border trade, the United States and Mexico announced an agreement last Friday aimed at streamlining the passage of goods across the border in both directions.
U.S. Customs and Border Protection Commissioner R. Gil Kerlikowske joined Aristoteles Núñez Sánchez, chief of Mexico’s Tax Administration Service, in signing an accord that mutually recognizes each other’s “trusted trader” programs.
At a small ceremony at the San Ysidro Port of Entry, Kerklikowske called it “a significant achievement for the trade relationship between the United States and Mexico.” The arrangement is similar to one currently in place between the United States and Canada, and “will ultimately result in a more efficient and secure supply chain between the United States and Mexico,” Kerlikowske said.
Clogged border crossings in San Diego County cost the U.S. and Mexican economies close to $7.2 billion in gross output and more than 62,000 jobs in 2007, the latest data available, according to the San Diego Association of Governments. Núñez, the Mexican customs chief, said that “the hope is that the mutual recognition allows foreign trade to flow more easily but in an atmosphere of security and protecting lives and society both in the United States and Mexico.”
“If we are able to implement the program the way it’s supposed to work, everybody benefits with the reduction in cost, the reduction in wait times,” said Martin Rojas, vice president for security and operations at the American Trucking Associations.
U.S. trade with Mexico in goods and services totaled $536 billion in 2012 — with $243 billion in exports and $293 billion in imports, according to the Office of the U.S. Trade Representative. By volume, the second busiest U.S. commercial port of entry with Mexico is Otay Mesa, which last fiscal year processed 780,000 truck crossings that carried $23 billion in merchandise into the United States, according to CPB.
Mexico’s foreign reserves rise by $364 million
Mexico’s foreign reserves increased by $364 million last week to $190.83 billion, the Bank of Mexico said. Gold and foreign currency reserves rose in the week ending Oct. 10 mainly due to a rise in the value of the central bank’s foreign assets.
Reserves have grown by $14.31 billion since Jan. 1, the Bank of Mexico said in a statement.
The M1 money supply, which includes currency, coins and demand deposits, contracted by 3.72 billion pesos (about $277 million) to 889.39 billion pesos (some $66.22 billion) last week, the central bank said.
The money supply has contracted by 28.48 billion pesos ($2.12 billion) since Jan. 1.
US expands programs to improve
environment along Mexico border
The United States and Mexico are continuing their collaboration to improve environmental health along their shared border with more than $8.6 million in grants from the U.S. Environmental Protection Agency (EPA).
The funding was announce during a border tour led by EPA Administrator Gina McCarthy in San Diego.
“Water, waste and environmental health concerns cross national boundaries, and environmental solutions benefit communities on both sides of our shared border,” said McCarthy. “Border environment projects have already benefitted 8 million border residents, providing 63,000 homes with first-time drinking water service and 569,000 homes with first-time wastewater services.”
The EPA funds were awarded in partnership with the North American Development Bank and the Border Environment Cooperation Commission to advance commitments in the U.S.-Mexico environmental collaboration known as the Border 2020 program.
Border 2020 is a bilateral, collaborative effort that aims to protect human health and the environment along the U.S.-Mexico border.
The North American Development Bank and the Border Environment Cooperation Commission are international organizations established to preserve, protect and finance environmental infrastructure projects in the U.S.-Mexico border region. To date, EPA has invested $597 million in border environmental programs.
The grants announced October 7 are in addition to seven environmental improvement projects announced earlier in 2014 along the California and Arizona U.S-Mexico border, which leveraged an additional $425,500 from the recipient organizations.