Homeland Security Secretary Alejandro Mayorkas and senior Biden administration officials will travel to Mexico City on Wednesday to meet with the Mexican government and discuss security and trade-related agreements as both face worsening migration crises at the border.

The DHS announced Wednesday that Mayorkas will co-chair the 2023 U.S.-Mexico High-Level Security Dialogue, the third of these types of bilateral meetings that began during President Joe Biden's first year in office.

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"These dialogues are really the scaffolding for our economic and security cooperation with Mexico. In our annual meetings, we assess our progress and drive strategic priorities for the coming year," a senior administration official told reporters in a Sept. 29 call previewing the meetings.

The meeting comes as the U.S.-Mexico border crisis worsens. Mexican President Andres Manuel Lopez Obrador announced Monday that he was aware of 6,000 immigrants entering from Guatemala each day and as many as 10,000 people traveling to the U.S.-Mexico border and illegally crossing per day.

Mayorkas will co-lead the talks alongside Secretary of State Antony Blinken and Attorney General Merrick Garland.

A second administration official told reporters that this year's meeting will continue to focus on protecting citizens of each country, preventing transnational crime, and pursuing criminal networks that engage in illegal drug, firearm, currency, and human smuggling.

"We’ll also use the opportunity to expand cooperation on building capacity in Mexico to dismantle transnational criminal organizations’ financial networks, target human smuggling operations, and expand prosecution for arms trafficking," the second official said. "The High-Level Security Dialogue presents further opportunities to discuss investing more in justice and security sector institutions to reduce impunity for high impact crimes and including those against Americans living or traveling in Mexico."

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Going forward, the Biden administration said it will continue to share information, work with the private sector, and increase law enforcement partnerships.

Both governments will talk about intervening in criminal rings' attempts to launder profits in the U.S. back to Mexico.