Today, Congressman Cuellar witnessed the signing of a Memorandum of Understanding between the City of Laredo and COMCE (Consejo Mexicano de Comercio Exterior) to work together to process, promote and expedite trade through the Port of Laredo.

 

This historic agreement between the City of Laredo and COMCE will solidify Laredo’s position as the nation’s number one inland port and top trade destination for all trade between the United States and Mexico. Congressman Cuellar and the City of Laredo have worked diligently over the past year to secure this agreement with the Mexican trade organization, which is the oldest and most-respected Mexican business association related to foreign trade.

 

“More than $100 billion in Texas goods are exported to Mexico each year, which supports hundreds of thousands of good jobs for Texans,” said Congressman Cuellar. “Last year, over two million cargo trucks moved northbound from Mexico to Laredo. Today’s memorandum of understanding between the City of Laredo and COMCE is an important step in securing Laredo place as North America’s leader in international trade. I thank Mayor Saenz and the City for their great work in this process.”

 

The corporations that participate in COMCE represent over one fourth of all the exports of Mexican companies to the United States. COMCE Noreste, also part of COMCE, promotes the foreign trade of all those corporations from northeast Mexico, mainly the states of Tamaulipas, Nuevo León, Coahuila, Durango and Zacatecas.

 

The corporations that are part of COMCE Noreste are responsible for at least $40 billion in trade in Mexican exports. The organization provides several services to its membership including advice on: laws and regulations on foreign trade; customs procedures; free trade agreements; import and export requirement information;  export promotion government programs; custom laws.

 

COMCE Noreste developed CASCEM (Cadena Segura del Comercio Exterior Mexicano), the most important private sector program in Mexico promoting compliance with all the import/export secure requirements of the Mexican and U.S. governments.

 

CAINTRA (Cámara de la Industria de la Transformación de Nuevo León), which recently signed an agreement COMCE Noreste to develop joint programs that achieve the objectives and goals of and COMCE Noreste, participated as a witness to the historic signing in Laredo.

 

CAINTRA is the most respected industry chamber in northern Mexico and one of the two most important industry chambers in the whole Mexico. This chamber represents some of the most important corporations in Mexico. CAINTRA represents over three thousand Mexican corporations from the energy, telecom, cement, glass, beer, food, meat, chemical, software, and environmental industries. CAINTRA has different commissions such as: environmental; transportation; energy; tax; innovation and competitiveness; and young entrepreneurship.