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8/27/2018   - Chamber Welcomes Mexico Agreement

P R E S S    R E L E A S E  -  -                                                        August 27, 2018

info: (518) 563-1000                                       FOR IMMEDIATE RELEASE



     The North Country Chamber of Commerce is welcoming today's announcement of a conceptual agreement on trade between the United States and Mexico, while encouraging a concerted effort to now conclude such an agreement with Canada.

     "The positive conclusion of negotiations with Mexico is very welcome," states Garry Douglas, President and CEO of the North Country Chamber of Commerce. "Given the broad economic differences between the two countries, along with other specific bi-lateral issues, it was assumed this negotiation would be the most challenging. But agreement has been reached, and on terms that will be good for both."

     "It is of course now essential that a positive conclusion be reached as soon as possible with Canada, which has been sidelined for months as the U.S. focused on the Mexico discussions," Douglas says. "For us in the North Country, we are very much in the Canada business, from industrial growth to tourism to supply chains to logistics. The uncertainty around the bi-lateral economic relationship, including the tariffs which have been imposed, is having a real impact in terms of an understandable pause in cross border investment and other decisions that would be to our benefit. We estimate that more serious economic consequences will be seen if an agreement, including tariff withdrawal, cannot now be reached in the next weeks. We can only encourage urgency and flexibility on both sides along with good will and a determination that failure is not an option."

     The North Country Chamber of Commerce is the largest business and economic development organization in northern New York, linking more than 4,000 employers across five counties. It is known as a leading organization in U.S. in cross border commerce and investment between New York and Quebec.


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