Global Trends on Trade for 2024
Our region’s strategic geographic location has made our region a multicultural city and hub for trade. The cities of San Diego and Tijuana have not only created the largest metropolitan area along the U.S.-Mexico border, but has also fostered an ideal business-friendly environment by taking advantage of trade agreements like the United States-Mexico-Canada Agreement (USMCA), Foreign Trade Zones, and other regional programs that aim to enhance our global competitiveness. In addition, our region’s two major seaports leverage our location on Latin American and Asian markets, while having the ability to accommodate large ships and provide services that complement our neighboring Mega Ports without engaging in direct competition.
It’s not a surprise that cleaner and more sustainable energy choices are being prioritized and our region has engaged on new trade practices in a world focused on environmental responsibility. This includes adapting to the State of California’s measures to mandate medium and heavy-duty fleets to transition to zero-emission vehicles and shift away from fossil fuels and rely more on renewable energy sources. Our region has also witnessed an increase of businesses relocating or expanding manufacturing and supply chain operations in Mexico because it offers a balance between cost efficiency, proximity to the U.S. market, and access to a skilled workforce.
As we embark on a new year, the global trade landscape is evolving rapidly, influenced by factors such as technology, geopolitics, sustainability, and market dynamics. Join us on Thursday, November 30 for a conversation in partnership with World Trade Center San Diego, on an economic outlook of the year ahead, the forces that will shape international trade, and how our region can be a leader in policy development to resolve challenges in trade. Speakers will also share an overview on political priorities of trade policy to foster innovation, job creation, and supply chains.
To register, click here. You will receive the meeting link and calendar invite upon registration.
ABOUT THE INTERNATIONAL BUSINESS AFFAIRS FORUMS
Through the International Business Affairs Forums, the Chamber provides business leaders with the essential knowledge and resources needed to thrive within the binational marketplace. Attendees also have the opportunity to build and strengthen new relationships, exchange ideas, and debate policies that are relevant to the Cali-Baja business community. Meetings are held quarterly in a virtual setting.
Registration is open to the public, especially Chamber members. If you are not a Chamber member, please contact Joshua Peters, Membership Benefits Coordinator, at email@example.com to discuss membership opportunities.
Date: November 30, 2023
Time: 10:00am – 11:00 am