Bloomberg Financial talks about the NEED for a North American Union... Hmmm...
North America Must Integrate for Trade, Calderon Says (Update2)
By Fabiola Moura and Jens Erik Gould
Sept. 25 (Bloomberg) -- North American economies must better integrate or risk falling further behind in competitiveness with Europe and Asia, Mexican President Felipe Calderon said.
``North America has been losing market share in world exports,'' Calderon said today at the Economic Club of New York. ``We in North America are losing time.''
Calderon called on the U.S. earlier this week to preserve the North American Free Trade Agreement, saying Sept. 23 that any renegotiation may be harmful. He said today that Mexico, which sells 80 percent of its exports to the U.S., is diversifying more toward Europe and Latin America.
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