New International Trade Route Forged Between the U.S. and Mexico; Port of San Antonio Created at Military Base Scuttled by BRACC.
SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- An agreement to facilitate increased international cargo trade between the United States and Mexico was signed by Mexico's Secretary of Communications and Transportation, D. Aaron Dychter, Assistant Secretary of Transportation and officials representing the Port of San Antonio.
The signing ceremony took place at the Plaza San Antonio Hotel courtyard, the site of another international trade milestone, the signing of the North American Free Trade Agreement North American Free Trade Agreement (NAFTA), accord establishing a free-trade zone in North America; it was signed in 1992 by Canada, Mexico, and the United States and took effect on Jan. 1, 1994. (NAFTA NAFTA
in full North American Free Trade Agreement
Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's ) more than 10 years ago.
With representatives of more than 30 Mexico businesses, federal and state agencies in attendance, the letter of intent establishes the mechanisms for moving air, rail and ground cargo principally from Asia and South America through Mexico and into the U.S. through KellyUSA, a multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting port and industrial park created on the site of the former Kelly Air Force Base Kelly Air Force Base was a United States Air Force base located in San Antonio, Texas. In 2001, the runway and land west of the runway became "Kelly Field Annex" and control of it was transferred to the adjacent Lackland Air Force Base. , which was closed in the first round of Base Realignment and Closure Base Realignment and Closure (or BRAC) is a process of the United States federal government directed at the administration and operation of the Armed Forces, used by the United States Department of Defense (DoD) and Congress to close excess military installations and realign Commission in 2001.
"What we are saying today with this agreement is that we are joining forces with Mexico to develop multimodal corridors that will be mutually beneficial to each partner," said Greater Kelly Development Authority CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Bruce Miller. "We're establishing synergies, origin and destination systems, facilitating access to international markets and creating new pathways for producers, importers and exporters to access the global market. All of which means economic gains for everyone involved."
Because of its land, sea and air connectivity, Mexico's transportation system provides a crucial link to the principal commercial trade blocks of the world. The Mexico/KellyUSA agreement will facilitate coordination of the various authorities and agents involved throughout distribution and supply chains and will play a fundamental role in the increase of interior and exterior trade competitiveness.
"We understand that we have the most dynamic border in the world and that border crossings through Texas are precisely the ones that account for more than 70% of the over land commercial exchange between the United States and Mexico," said Dr. Aaron Dychter.
Within 30 days following the signing of the document, a representative will be named to create a work schedule for implementation of objectives outlined in the letter of intent and to begin making necessary arrangements for coordinating and facilitating the shipping of merchandise between NAFTA corridor regions.