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HomeMy WebLinkAbout021158 RES - 05/07/1991A RESOLUTION WHEREAS, the Presidents of both the United States and Mexico have endorsed a comprehensive Free Trade Agreement; and WHEREAS, the United States Congress is now considering the method by which it will consider such a Free Trade Agreement; and WHEREAS, Corpus Christi and all South Texas has strong ties, both commercially and culturally, with Mexico; and WHEREAS, analyses of the proposed Free Trade Agreement strongly indicate that the border region, particularly South Texas, will be one of the prime beneficiaries of a Free Trade Agreement should it be adopted; and WHEREAS, a Free Trade Agreement with Mexico, combined with a Free Trade Agreement with Canada, would serve to establish a major economic trading block in the Americas which could effectively compete with other trading blocks being established around the world; and WHEREAS, Mexico is already the third largest trading partner of the United States and has unilaterally undertaken substantial reform in its economy and the reduction and/or elimination of barriers to both foreign investments and trade; and WHEREAS, the United States International Trade Commission has found that the proposed Free Trade Agreement with Mexico will "...benefit the United States economy overall by expanding trade opportunities, lowering prices, increasing competition, and improving the ability of United States firms to exploit economies of scale."; and WHEREAS, the City Council is sensitive to both environmental and employment issues. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CERISTI, TEXAS: SECTION 1. That the City Council of Corpus Christi endorses and supports a fast-track approval by the United States Congress of a Free Trade Agreement between the United States and Mexico with appropriate environmental and employment safeguards. ATTEST: City Secretary MAYOR APPROVED: i; c" DAY OF ,i/7 y JAMES R—,RAY, JR, CITy ATTORNEY By : ' 444;,-; L^ c Assiant City Attoyney , 19 '%/ THE OITY OF CORPUS CHRISTI 0211 v8 Corpus Christi, Texas day of f \c. /-) :J /7I 10 The above resolution was passed by the following vote: Mary Rhodes Cezar Galindo Leo Guerrero Betty Jean Longoria Edward A. Martin Joe McComb Dr. David McNichols Clif Moss Mary Pat Slavik 066 Ot-