The American Society of Mexico, A. C., and The Texas Association of Business Sign Memorandum of Understanding
Mexico City, July 13, 2022 – The American Society of Mexico, A. C., (AmSoc) and The Texas Association of Business (TAB), signed a Memorandum of Understanding to combine efforts that support companies looking to do business on both sides of the border.
With this agreement, both organizations commit to work jointly to optimize international economic policies, encourage dialogue between the binational business communities, promote sustainable development, and to increase investments between Mexico and Texas.
The Agreement was signed by Larry Rubin, President & Chairman of the Board of The American Society of Mexico, A. C.; Glenn Hamer, President & CEO of TAB. Rolando Pablos, Chair of TAB’s International Trade & Commerce Committee and Guillermo Schiefer, Director of the International Leaders Council of The American Society of Mexico, A.C., witnessed the signing of the agreement.
“As Texas’ top trading partner, our relationship with Mexico is critical to the state’s overall economic health. Trade with Mexico supports about half of the one million jobs in Texas connected to international trade. Trade between Texas and Mexico amounted to $231 billion during 2021,” said Glenn Hamer, TAB President & CEO. “This agreement will help grow those numbers and support businesses looking to expand in between the two regions.”
“Our deep cultural roots, in combination with Texas’ strategic geographic location, make this important relationship with the Texas Association of Business a valuable opportunity to expand this cross-border market,” said Larry Rubin, President of The American Society of Mexico, A.C. “Almost 30% of the Texas population speaks Spanish, influencing organizations and businesses who pursue successful strategies for their operations and performance in both sides of the border.”
The American Society of Mexico, A.C., is a non-profit organization and non-partisan organization, established in Mexico since 1942, with the purpose of representing the interests of the more than two million people of US origin residing in Mexico, and of the hundreds of corporations, businesses, and philanthropic associations also originating in the United States but operating in Mexico. www.amsoc.mx
TAB is the Texas State Chamber, representing companies of every size and industry. The Association’s purpose is to champion the best business climate in the world, unleashing the power of free enterprise to enhance lives for generations. www.txbiz.org
From left to right: Guillermo Schiefer, Director of the International Leaders Council, AmSoc; Larry Rubin, President and Chairman of the Board, AmSoc; Glenn Hamer, President & CEO, TAB; Rolando Pablos, Chair of TAB’s International Trade & Commerce Committee.