Home Page
An experienced guide to the world of finance
providing tools and information that help make
best financial decisions
My FinanceGates.com Register
 
Home  | News   |  World News 



Market News Insurance Billing
Banking Business News World News
Funds Brokerage

Wednesday March 23, 11:35
No real amigos at "Three Amigos Summit"
(by Helen Snow)

Today, the leaders of US, Canada and Mexico arranged a trilateral meeting at Baylor University in Waco, Texas, labeled as the "Three Amigos Summit." The meeting focused on the most acute issues of economic development and border security. "Security and prosperity go hand-in-hand," White House press secretary Scott McClellan said yesterday. But the fact that these issues coincide does not mean that interests of the neighbors do.

The meeting revealed not the intention to cooperate but mostly contradictions and obstacles for it. American officials want Mexico to stop the flow of cocaine and illegal immigrants, including possible terrorists, through its border holes and tunnels. But for President Fox, a tighter border keeps Mexicans from desperately needed jobs. He aggressively replied to the project passed by the House of Representatives about a security wall between Tijuana and San Diego.

"No country that is proud of itself should construct walls," he said.

The US and Canada also differ in their views. The US was bitterly disappointed as Canadian Prime Minister Paul Martin decided recently to shun the U.S. development of an anti-ballistic missile shield.

"There are two rules in Canadian politics,"said former Canadian Finance Minister John Manley at the North American forum. "The first rule is not get too close to the United States. The second rule is you should not get too far from the United States."

So far tiny results of the meeting need more efforts and common points to become a real pledge of cooperative policy.

All world news
 


   KEYWORD SEARCH

KEYWORDS:

   SUBSCRIPTION
Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.


Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2012. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.