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Dear Members,

The beginning of every year is the perfect time to look back and evaluate and reflect on our past, formulate goals for the future and reassess objectives as we reshape our vision. We at the Chamber have done the exercise and as a result we have renewed our commitment and are determined to make 2008 a year of opportunities for all and work incessantly for the United States-Mexico relationship and to build upon our historical and cultural differences and maximize them, not in opposition to, but in cooperation with every people in both sides of our borders

Last year was characterized by change. Mexico started 2007 a with a new beginning, New Perspectives, new formulas, a brand new message was launched, a new President, cabinet members and administration start the arduous journey to face the many challenges ahead while engaging a brand new congress and all Mexico and friends of Mexico inviting us to contribute in the construction of a new day in our countries relationship.

The U.S.-Mexico Chamber of Commerce was privileged during 2007 to host events and conferences with a number of those newly elected and appointed government officials. Amongst them, the head of Petroleos Mexicanos (Pemex), the Mayor of Mexico City, officials from the Ministry of Finance and the Ministry of Economy as well as members of Mexico’s diplomatic community. Not only did we hear from them about their plans and programs, but we had the opportunity to discuss and contribute with ideas and recommendations trying to enhance the business environment in Mexico and strengthen the commercial relationship with the United States. We will continue working in the same direction of getting involved in the decision making processes that impacts the investments climate, the exchange of goods and services, as well as the social and economic liaisons between our two countries.

We have also taken important steps towards the diversification and the widening of the scope of our events in order to cover the requirements and preferences of all our members. Last year was characterized by the organization of several panels of experts and seminars that went from topics such as the U.S. Hispanic market and the real estate sector in Mexico, to more specialized subjects such as alternative investments and private equity. We also explored new areas for the Chamber, by successfully organizing and holding events on Information Technology and Mining, amongst others.

2008 represents a very challenging year. The slowdown of the U.S. economy and its expected effects on the Mexican one will pose important challenges to our members and their local and cross border business and operations. The Chamber will, more than ever, focus its efforts in bringing, organizing and developing initiatives, forums and programs worthwhile for our members in order for us together strengthen business, cooperation and initiatives that should have an impact in our own business and communities. We are sure that with you support and contribution we will be successful in achieving this goal.

I would like to personally wish you the best for this year and to confirm our commitment to partner with you to reaching your company’s goals and objectives in 2008.

Sincerely

Eduardo Ramos-Gomez
President

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