Declares that: (1) the Senate values the U.S.-Mexico relationship and the benefits derived from cooperation on security, combating transnational crime, energy, economic engagement, and cultural engagement; and (2) such relationship is strengthened by interaction between people of such countries and economic interaction. Recognizes that: (1) implementation of the North American Free Trade Agreement (NAFTA) in 1994 and the resulting increase in trade have provided a platform for cooperation with Mexico; and (2) Mexico is an essential U.S. partner in regional security. Encourages the President to strengthen U.S.-Mexico ties to help advance U.S. regional interests. Encourages U.S. drug enforcement agencies to continue developing strong cooperative measures with Mexico. Encourages the President to work toward modernization of NAFTA in a way that strengthens it. Stresses the importance of NAFTA to the U.S. economy and to the bilateral relationship with Mexico.