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Statement With Congressional Leaders on the Economic Situation in Mexico

January 12, 1995

We agreed that the United States has an important economic and strategic interest in a stable and prosperous Mexico.

Ultimately, the solution to Mexico's economic problems must come from the people of Mexico, but we are pursuing ways to increase financial confidence and to encourage further reform in Mexico.

We agreed to do what is necessary to restore financial confidence in Mexico without affecting the current budget at home.

NOTE: This statement was announced jointly with Newt Gingrich, Speaker of the House of Representatives, Robert Dole, Senate majority leader, Thomas Daschle, Senate minority leader, Richard Armey, House majority leader, and Richard Gephardt, House minority leader.

William J. Clinton, Statement With Congressional Leaders on the Economic Situation in Mexico Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/220734

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