The International Business Accelerator
The International Business Accelerator is a one-stop shop of resources for New Mexican businesses and individuals wishing to introduce their product or service into the global market.
The IBA offers educational programs on how to export/import, an online resource guide of international trade materials, and an electronic database of international trade leads/joint venture opportunities. The IBA also leads outgoing and reverse trade missions of foreign buyers and sellers for the benefit of New Mexican companies. IBA's team of trade experts offers one-on-one counseling for businesses seeking assistance in meeting their international trade objectives
March 2009
We are well into the organization of the 2009 NAFTA Institute/Supplier Meet the Buyer Conference, which will be held on June 11 and 12 at the Sunland Park Racetrack & Casino in Sunland Park, New Mexico. Our colleagues at Western New Mexico University, with financial support from the State of New Mexico, established this conference in 1994.
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March Announcements
- Secretary Fred Mondragón Announces Expeditors to Bring 30 New Jobs to Santa Teresa
- The 2009 NAFTA Institute/ Supplier Meet the Buyer
Monthly Article
Mini Trade War
By Jerry Pacheco
The North American Trade Agreement (NAFTA) was implemented between Canada, the U.S. and Mexico in 1994. Before this agreement, the U.S. and Mexico routinely practiced protectionism by slapping high tariffs and restrictions on each other’s goods. Since NAFTA, most products which are traded between these two countries have low or no tariffs. This has resulted in the formation of one of the strongest symbiotic trade relationships in the world, with a combined trade total of $367.5 billion in 2008. Last year, only Canada ($248.8 billion) imported more U.S. goods than Mexico ($136 billion). China, the third largest purchaser of U.S. goods, was a distant third ($65 billion).
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