Gulf States Trade Mission-Campeche, Mexico 2017



Gulf States Trade Mission-Campeche, Mexico 2017

Opportunities in Mexico:

Given the signicant role that the US. Gulf Coast states and the Mexican Gulf states play in the energy industry, there is reason to establish an ongoing forum with the appropriate Mexican counterparts to seek opportunities for business exchange. As the rules and regulations for the energy sector in Mexico have changed to allow for more out of country investment, a prime reason for the Trade Mission will be to serve as a vehicle for business exchange focusing on the oil/gas industry among others.

Conveners in each of the respective states will recruit business leaders in the following business sectors to be matched with like business interests. Government leadership will be invited to assist in the recruitment and meeting proceedings.

Reason for the Mission:
The Gulf States Initiative has grown out of The Gulf of Mexico tates Accord (GOMSA), an international cooperative agreement initiated in 1995 by the Governors of the eleven Mexican and US Border States along the Gulf of Mexico basin. Those states are: Alabama, Florida, Louisiana, Mississippi, and Texas on the US side; Campeche, Quintana Roo, Tabasco, Tamaulipas, Veracruz, and Yucatan on the Mexican side. The Gulf of Mexico States Accord brought state-level leadership in a well-dened sub-region of North America to dene mutual interests, shape consensus and build political will for new regional initiatives in the areas of international commerce, homeland security, economic development, transportation, tourism and education. Policy ocials, business executives, economic developers and academic researchers all actively participated in the Accord. The Accord’s initiatives created new environmental, economic development, educational, agricultural and commercial programs, homeland security and new transportation initiatives in the border states of the Gulf of Mexico basin.

In 2014, the Consul General of Mexico in New Orleans invited appropriate private sector representatives to New Orleans, Louisiana from the Mexican states of Campeche and Yucatan to discuss the synergies of our Gulf States in order to bring new business opportunities under a renewed Gulf States Accord. Since that time, a trade mission to Yucatan and Campeche was held in May 2015, followed by a trade mission from the Mexican states to Lafayette, Louisiana in April 2016. Since the Consul General of Mexico in New Orleans’ jurisdiction is Louisiana and Mississippi, initial participation in the Trade Mission was limited to these US states. However, the 2017 trade mission to Campeche, Mexico will include the invitation of Florida, Alabama, Tabasco and Veracruz to participate with the states of Louisiana, Mississippi, Yucatan, and Campeche, for a total of eight states seeking to expand business opportunities.