USTDA works closely with Nacional Financiera (NAFIN) in delivering assistance to key Mexican development projects. Pictured here (left to right) are NAFIN Deputy Director Federico Patiño, USTDA Director Thelma Askey, and NAFIN Director Miguel Laborín.

The Partnership for Prosperity is a public private alliance in support of new strategies to foster growth in less developed areas of Mexico. Since the Partnership’s creation in 2001, USTDA has tailored its activities to enhance Mexico’s competitiveness through investment in infrastructure, transportation and trade security, and financial services.

A recent example of USTDA assistance in Mexico came as a result of the agency’s Master Grant Agreement with Nacional Financiera (NAFIN), Mexico’s leading development bank. Through this relationship, USTDA provided funding for the development of an action plan related to the creation of a venture-capital market in

Mexico.  The results of the report were presented to investors and top Mexican policymakers during a USTDA-sponsored symposium in June and was followed by the

Second Annual Partnership for Prosperity Conference later in the month. This bi-national effort commanded the participation of numerous U.S. and Mexican government agencies, as well as a solid host of private sector interests. USTDA Director Askey’s participation contributed to the effectiveness of the event.  During the conference, the agency sponsored a roundtable discussion on “Enhancing Infrastructure, Security and Logistics.”

To provide follow-through on these discussions, USTDA is sponsoring a series of technical symposia on supply chain security in Mexico’s four principal industrial centers: Mexico City, Monterrey, Guadalajara and Veracruz.  USTDA will build on its solid foundation in Mexico through its strong relationship with Mexican entities, such as

NAFIN. USTDA will continue to support the Partnership for Prosperity by working with Mexico on advancing its national development strategy.

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