US, Mexico agree to cooperate on energy
The United States and Mexico have agreed to work together when drilling for oil and gas below their maritime border in the Gulf of Mexico.
Secretary of State Hillary Rodham Clinton and Mexico's foreign minister signed the deal Monday at a ceremony in the Mexican resort of Los Cabos.
Mexican President Felipe Calderon and U.S. Interior Secretary Ken Salazar looked on.
The cooperation stems from an understanding that President Barack Obama and Calderon reached in 2010 to share in the profits and work together to avoid spills.
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