AS/COA, Eric Farnsworth, 8/2/12
As North American economic integration intensifies, the importance of the border will increase. That is particularly true in sectors, such as autos, that are no longer “made in the USA” or “made in Mexico,” but, along with Canada, made in North America. Such products cross the border several times during the production process; a thick or inefficient border is a drag on production and reduces global competitiveness.
This reality has intensified since implementation of NAFTA almost 20 years ago. Today, North America is a true co-production platform. Conclusion of the Trans-Pacific Partnership, which Mexico and Canada both joined in June, will continue this integration process as North America engages collectively with Asia. Accelerating economic trends will amplify the role of the border in regional commercial affairs. Fortunately, we have an excellent opportunity to build a better border should we, in the words of Mission: Impossible, choose to accept it.