×

Fill out the brief form below for access to the free report.

  • George W. Bush Institute

    Our Ideas

  • Through our three Impact Centers — Domestic Excellence, Global Leadership, and our Engagement Agenda — we focus on developing leaders, advancing policy, and taking action to solve today’s most pressing challenges.

I'm interested in dates between:
--

Taking Action

Advancing Policy

Developing Leaders

Issues

I have minutes to read today:

Programs & Issues

Taking Action

Advancing Policy

Developing Leaders

Issues

Publication Type
Date
I'm interested in dates between:
--
Reading Time

I have minutes to read today:

North America Watch

September 3, 2015 3 minute Read by George W. Bush Presidential Center

In this edition of North America Watch, we start with an article by Colin Robertson, a former Canadian diplomat. Robertson wrote recently in the Globe and Mail about the need to take North American regional cooperation more seriously.  

Robertson offers a refreshing new focus on North America from a Canadian perspective. His piece reflects that a strong trilateral relationship will not distract from a strong bilateral relationship. As he wrote: “Within North America, we have an opportunity to develop a new model of working together – less bureaucratic and centralized than that of the European Union.”

*We also spotlight a piece about the opening of the first new rail bridge between Mexico and the United States in more than 100 years. In other words, since before World War I and the Mexican Revolution.

Other forms of transportation certainly have come on strong in those 100-plus years. Still, railroads are a way to move goods quickly across the border and expand trade, as Commerce Secretary Penny Pritzer noted at the opening of the West Rail Bypass International Bridge connecting Brownsville and Matamoros.

*In a sign of hope, Texas Governor Greg Abbott is slated to travel to Mexico over the Labor Day weekend. As The Dallas Morning News reports, his trip represents the first trip south of the border for a Texas governor since 2007.

The meeting reportedly will include a high-level delegation of Texans interested in greater economic, cultural and political integration between Texas and Mexico. Trade between the border state and its neighbor is about $200 billion per year, which is twice the trade between Mexico and the United Kingdom. This mission is important for that reason alone.

*The Texas Tribune wrote this week about the declining value of the peso and the effect that has on cross-border trade. As The Tribune reports, it takes about 17 pesos to buy one dollar today. A year ago, 13 pesos were enough.

The decline in the value of the peso may not affect all U.S./Mexico trading relationships. And there is a good news/bad news element to this story. The peso’s decline is related to the dollar’s strengthening, which benefits Americans when they travel to Mexico and other countries. But the decline will be felt along the Texas/Mexico border, where American retailers benefit from Mexicans shopping in the U.S.

 

 

 

 

 


Author

George W. Bush Presidential Center

PRESERVING HISTORY

GEORGE W. BUSH PRESIDENTIAL LIBRARY AND MUSEUM

As the 13th presidential library, the Bush Library and Museum promotes an understanding of the American presidency, examines the specific time in history during which President Bush served, and provides access to official records and artifacts from the Bush Administration.

SHAPING THE FUTURE

THE GEORGE W. BUSH INSTITUTE

The Bush Institute is an action-oriented, nonpartisan policy organization that cultivates leaders, fosters policies to solve today’s most pressing challenges, and takes action to save and change lives. Our work is inspired by the principles that guide President and Mrs. Bush in public life.

Full Bio

Up Next:

Growing North America Matthew Rooney on September 2, 2015