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To authorize the President to negotiate the creation of a North American
Investment Fund between the Governments of Canada, of Mexico, and
of the United States to increase the economic competitiveness of North
America in a global economy.
The purposes of the Fund shall be—
(1) to increase the economic competitiveness of
North America in a global economy;
(2) to reduce the income gap between Mexico
and Canada, and between Mexico and the United
(3) to promote economic development in Mexico
in the areas of infrastructure, education, technology,
and job training.
SEC. 5. CONTRIBUTIONS TO THE FUND.
(a) IN GENERAL.—The agreement described in section 2 shall require the Governments of Canada, of Mexico, and of the United States to contribute to the Fund,