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Pharr EDC and COMCE Sign MOU to Strengthen Binational Trade

November 07, 2024

The Pharr Economic Development Corporation (EDC) has taken a bold step in enhancing binational trade and investment by partnering with the Mexican Business Council for Foreign Trade, Investment, and Technology (COMCE).

This strategic alliance was formalized through a Memorandum of Understanding (MOU), underscoring both organizations’ commitment to promoting cross-border economic growth, with a particular focus on leveraging the Pharr International Bridge—a key commercial artery connecting Mexico and the United States.

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Through the signing of a Memorandum of Understanding (MOU), both organizations committed themselves to leveraging the Pharr International Bridge as a pivotal commercial artery, driving economic growth and diversification in the region.

The MOU aims to deepen economic collaboration by facilitating trade and investment activities that benefit the economies of both countries. With COMCE’s established expertise in supporting Mexican businesses’ international trade ventures, this partnership is positioned to create new business opportunities, diversify economic resources, and drive substantial growth for businesses in Pharr and the broader Rio Grande Valley region.

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COMCE, known for its dedication to promoting international trade and investment for Mexican businesses, plays a crucial role in facilitating economic relations. This partnership marks a significant step towards strengthening economic ties, creating new opportunities for businesses, and empowering economic growth in Pharr.

 

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