EL PASO – Former President of Mexico Ernesto Zedillo during a visit to the border told business leaders and others gathered for a U.S.-Mexico summit that he’s worried about current relations, but “things can change if people who are affected by government policies speak out.”
Zedillo, a native of the Mexican border city Mexicali, gave the keynote address Wednesday at the summit organized by the Borderplex Alliance, a non-profit organization promoting economic development in the borderland region of New Mexico, Texas and Chihuahua.
A lot of the discussions focused on concerns about renegotiating the North American Free Trade Agreement as well the rocky U.S.-Mexico relationship under the Trump administration. Zedillo, who called himself “a man of the border,” helped implement NAFTA during his presidency from 1994-2000.
He agrees it is time to update the nearly 25-year-old trade pact but is concerned current negotiations will lead to a new NAFTA “that is not only useless, but destructive of trade and investment.” He was critical of a proposal by the Trump administration to do away with protections of investments by companies in Mexico or Canada.