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Press Releases 08

Presidents Bush and Calderon Participate in Launch of
Pathways to Prosperity Program

Statement by Ambassador Antonio O. Garza

Mexico City, September 24, 2008 - “This morning, Presidents Bush, Calderon, and the leaders of 10 other Central and South American countries with which the United States has free trade agreements met on the margins of the United Nations General Assembly and jointly announced the “Pathways to Prosperity in the Americas” initiative. Pathways’ goal is to expand the benefits of free trade to small businesses, farmers and all our citizens by creating regional structures to support and facilitate trade among our countries.

“Free trade and open investment have been a positive story for the U.S. and Mexico -- under NAFTA our gross domestic product has grown 50%, Mexico has seen 46% growth, and we now trade over a billion dollars a day in goods and services. Pathways will not only expand opportunities for individuals to participate in this great growth, it will enhance cooperation on regional economic development plans and improve coordination on environmental and labor standards. In addition, it will provide opportunities to engage the private sector and civil society in advancing these goals.

“Pathways will complement other regional cooperation projects, both those in which the U.S. is involved and those being developed by our friends throughout the region. Freer trade is an important catalyst for sustained economic growth and poverty reduction. Pathways will further reduce barriers to trade and promote awareness of international trade opportunities among the region’s entrepreneurs.”

To read President Bush’s Discussion on Free Trade with Western Hemisphere Leaders, click here:
- http://www.whitehouse.gov/news/releases/2008/09/20080924-1.html
- http://usinfo.state.gov/xarchives/display.html?p=peacesecspanish&y=2008&m=
September&x=20080924132708pii0.2743494


To read the statement by Secretary Condoleezza Rice, click here:
- http://www.state.gov/secretary/rm/2008/09/110184.htm


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