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Tuesday, November 30, 2010

NEWS & POLITICS - Mexican economy secretary urges closer U.S. ties

A top Mexican official on Monday called for strengthening economic ties between the United States and Mexico, saying that the payoff will be greater prosperity for both countries.

“Our nations need to work together if we really want to succeed in global competition,” Bruno Ferrari, Mexico’s economy secretary, said as he addressed a group of several hundred economic, political and civic leaders from Baja California and San Diego. “It is not only a question of moving forward, but doing so faster than other regions,” he said.

Ferrari was in San Diego at the invitation of the San Diego Regional Chamber of Commerce Mexico Business Center. The group honored him with its annual International Tribute Award.

Mexico’s economy contracted 6.5 percent last year, but has been recovering, and Ferrari expects the country’s gross domestic product to grow by five percent this year.

Ferrari, 49, has been Mexico’s secretary of the economy since July. He previously served as director of ProMexico, a Mexican government agency that promotes trade and investment.

Several other honors were bestowed during the dinner event at the San Diego Marriott Hotel & Marina. These include:

Outstanding Cultural Achievement Award: The Mingei International Museum, the San Diego Museum of Art and the Timken Museum of Art.

Distinguished Service Award: Club de Niños y Niñas de Mexico, A.C., a Tijuana non-profit organization that reaches out to Tijuana children and adolescents who are at risk and have little home supervision.

Environmental Stewardship Award: San Diego-based Kyocera International, North America headquarters for the Japanese conglomerate and Kyocera Mexicana, the company’s Tijuana-based maquiladora.

Technological Innovation Award: DJO Global, a Vista-based manufacturer of orthopedic devices, and its Tijuana manufacturing facility.

San Diego/Tijuana Citizens of the Year Award: José Galicot and Alejandro Bustamante, Tijuana businessmen who spearheaded the two-week Tijuana Innovadora conference held last month that highlighted the city’s potential for industry.