Secretary of Economy Might Bring 16 Global Companies to Mexico
- The Ministry of Economy of Mexico is in talks with 16 global companies to attract investments to the country and promote the relocation of operations.
- The goal is for these companies to invest in Mexico to access the markets of the United States and North America, while shortening global value chains and leveraging existing trade agreements.
By: SiiLA News
The Ministry of Economy of Mexico is in talks with 16 global companies to attract investments to the country. Graciela Márquez Colín, Secretary of Economy, has detailed ongoing discussions with the CEOs of these companies to persuade them to invest in Mexico.
The Mexican government is enticing companies from Asia and Europe to relocate their operations and get closer to the markets of the United States and North America. The relocation is expected to compensate for the decrease in Foreign Direct Investment due to the pandemic. The companies will benefit from access to a market equivalent to 60% of global GDP, thanks to trade agreements such as the USMCA and the European Union.
