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Article: The region: San Diego and Baja California.(9th Annual MEXPORT Buyer & Seller Trade Show)
- Article from:
- San Diego Business Journal
- Article date:
- September 8, 1997
CopyrightCOPYRIGHT 1997 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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San Diego and Baja California exist not only as close neighbors geographically, sharing an ocean to the west and a common border moving inland, but the two regions have developed an increasingly integrated market that benefits the economies of both Mexico and the United States. The wedding of these two regions' economies has produced a vast amount of cross-border trade, accounting for over $2.9 billion annually in exports of San Diego's goods and services to Mexico.
Responsible for the development of this cross-border relationship has been the Mexican Maquiladora program, established in 1966 to supplement Mexico's economy by providing for the establishment of in-bond ...