Promoting Investment through Import Substitution: A Letter to Ambassador James R. Jones, 1997-04-21

Item — Box: 2, Folder: 1

Identifier: CAC_CC_109_1.1_2_1_0009

Staff Only

Promoting Investment through Import Substitution: A Letter to Ambassador James R. Jones, 1997-04-21

The letter is a response to Ambassador James R. Jones regarding the concept of import substitution. The writer explains that import substitution is being used to promote investment and not limit free trade. The approach differs from previous administrations as it focuses on incorporating industry and primary activities competitively to increase national value added. The objective is to reinforce production of goods and services that have been displaced by lower quality production from other countries. This proposal aligns with NAFTA agreements to introduce more regional inputs into mass production.

Dates

1997-04-21

Creator

Jones, James Robert, 1939- (Person)

Language of Materials

English

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