Newspaper article The Canadian Press

Five Economic Issues Discussed by Trudeau, Obama and Pena Nieto during Summit

Newspaper article The Canadian Press

Five Economic Issues Discussed by Trudeau, Obama and Pena Nieto during Summit

Article excerpt

5 economic issues discussed by Three Amigos

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OTTAWA - The leaders of Canada, the United States and Mexico discussed several economic issues Wednesday during the North American Leaders' Summit in Ottawa.

Here are five things linked to the economy that came up during Justin Trudeau's meeting with Barack Obama and Enrique Pena Nieto, as described by a communique from the Prime Minister's Office:

1. The leaders committed to address border issues and help businesses by aligning their customs processes and requirements as much as possible. Customs authorities in each country are working toward providing businesses with a "national single window online portal" where they can submit information required to comply with respective border regulations. The leaders also agreed to launch a joint study to prioritize and propose implementation strategies with a goal of determining whether alignment is possible.

2. They signed a memorandum of understanding to strengthen women's entrepreneurship in North America by helping promote and expand women-owned companies across the continent. They will also aim to improve women's access to global value chains and to international trade. They also called for a boost to mentorship and the sponsorship of a Canadian-American trade mission to Mexico for businesswomen by 2017. …

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