Chamber representatives from 19 metropolitan areas across Canada, Mexico and the U.S. come together to support the trilateral trade agreement
LOS ANGELES, CA — Today, the Los Angeles Area Chamber of Commerce announced that, during the Metro Cities for a Renewed NAFTA event in Montreal earlier this week, it joined with representatives from 24 other metropolitan chambers of commerce in signing a joint Declaration of Metropolitan Chamber of Commerce, an expression of their common desire to maintain free trade in North America. The signing took place as senior trade representatives from Canada, Mexico and the United States launched the 6th round of NAFTA negotiations.
The L.A. Area Chamber was represented by Carlos J. Valderrama, the president of the Chamber’s Center for Global Trade and Foreign Investment. Valderrama, who was the only representative from California at the two-day conference, voiced our region’s support for the trilateral agreement.
“Since its inception in 1994, NAFTA has not only created major economic ties between our three countries, but also it has resulted in tremendous increases in foreign direct investments in the U.S., from both Canada and Mexico,” said Valderrama. “Today, more than 14 million American jobs are dependent on NAFTA, and 5 million of those are directly related to NAFTA’s growth.”
During the event, the chamber representatives also met with Canadian government officials, business leaders and former diplomates involved in global trade and investment. The L.A. Area Chamber will continue its NAFTA advocacy efforts in March, as it travels with a regional delegation to our nation’s capital for the annual ACCESS Washington, D.C. trip.
The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com.