This year's summit of North America's leaders, sometimes called the "Three Amigos" summit, was held in Mexico City, where U.S. President Joe Biden, Mexican President Andres Manual Lopez Obrador, and Canada's Prime Minister Justin Trudeau talked about several key issues, including migration, climate change, drugs, and trade.

The North American Leaders' Summit is the trilateral meeting between the president of the United States, the prime minister of Canada, and the president of Mexico.

According to Al Jazeera, the three North American leaders agreed to cooperate on bolstering the supply of semiconductors.

It is currently a market dominated by Asia. The agreement is seen as a way for the U.S. to compete with China in terms of production. 

In the 10th North American Leaders Summit, the three leaders also agreed to address climate change by reducing methane emissions from solid waste and wastewater by at least 15 percent.

As for U.S.-Mexico trade, Biden and Lopez Obrador agreed to strengthen their supply chain, as the COVID-19 pandemic resulted in problems in the supply chain due to North America's reliance on Chinese-made goods. 

The supply chain problems arose as the shipping crisis loomed as the pandemic continued. Hours before Tuesday's summit, Biden and Trudeau met and agreed to strengthen their supply chain.

The Canadian Prime Minister said they would have to work together to "move forward to create those efficient and resilient supply chains that we need."

READ NEXT: North America Leaders Summit: Andres Manuel Lopez Obrador Challenges Joe Biden to Give More Help for Latin America

Tensions Calmed After Rough First Meeting Between Joe Biden and Andres Manuel Lopez Obrador

As Latin Post previously reported, the summit began as tensions simmered between Mexico and the United States.

The Associated Press reported that delegations from Mexico and the U.S. had a tense meeting in an ornate room at the Palacio Nacional on Monday.

Andres Manuel Lopez Obrador, also known by his initials AMLO, reportedly challenged Joe Biden to end an attitude of "abandonment" and "disdain" for Latin America and the Caribbean during that meeting.

The Mexican president also challenged Biden to improve life across the Latin American region as he holds the "key" in his hands.

However, Euronews reported that things might have been smoothed out between the two leaders as they had a more optimistic outlook during a joint news conference on Tuesday.

Biden even noted that there was a "genuine like" for one another. On the other hand, AMLO had a not-so-subtle dig at former President Donald Trump when he jokingly thanked Biden for not building "even one meter of wall."

The three leaders also talked about drug smuggling, which has become a huge problem in the U.S., with fentanyl overdoses becoming increasingly alarming. Biden, AMLO, and Justin Trudeau agreed to adopt an "updated strategic framework" to address this threat and implement other measures, such as "increased information sharing" on the chemicals used to make fentanyl and other synthetic drugs.

North America Leaders Justin Trudeau and Andres Manuel Lopez Obrador Discuss Energy Dispute

There were also bilateral talks between Mexico and Canada, with Justin Trudeau and AMLO addressing their largest dispute so far.

This problem stemmed from the Mexican president's energy policies which Canada and the U.S. say have given government-controlled Mexican firms an unfair advantage.

However, with Canada agreeing to have big investments in Mexico, AMLO noted that he would gladly meet with any Canadian energy company that had a problem with the country's energy policies, which significantly favors state-owned utility over foreign and privately-built power plants.

The Associated Press reported that this was a move against the three countries' free trade pact.

Trudeau discussed new Canadian investments in Mexico, including a Canadian company, TransCanada, building a pipeline that will bring natural gas to southeastern Mexico.

READ MORE: Mexico: President Andres Manuel Lopez Obrador Tells Citizens to Reject Gifts From Drug Cartels

This article is owned by Latin Post.

Written by: Rick Martin

WATCH: North American Leaders Hold News Conference at Leaders' Summit - From ABC News 

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