On June 25, the Chicagoland Chamber hosted a delegation led by the Mexico City Chamber of Commerce to discuss strengthening ties between the two global cities and ultimately signed an Agreement of Collaboration.
Mexico City and the City of Chicago established a Sister Cities relationship in 1991. In 2013, the two cities entered an economic partnership MOU. Since then, the two city governments have successfully collaborated in the education, civic and business sectors on a number of initiatives.
Under the framework of the MOU signed at this meeting, the two Chambers officially forged a strong partnership to identify trade and investment opportunities and continue to promote the economic and business ties between Mexico City and the City of Chicago.
“This will establish even closer cooperation between businesses in Mexico City and Chicago,” said Ing. Cuauhtémoc Cárdenas Solórzano, Secretary of Foreign Affairs in Mexico City.
“We hope this will open new opportunities in the future for both cities.”Michael Fieweger,
Partner at Baker & McKenzie and Co-Chair of the Chamber’s Global Connections Forum, stressed the significance of a reciprocal relationship.
“A global outlook is crucial to our success as a chamber,” Fieweger said. “Mexico City is important not only as an economic partner, but as a city on equal footing in creating these ties and growing opportunities to do business together.”