Difficult for Mexico to attract new investments under AMLO


Without the rule of law and security, it will be difficult for Mexico to attract new investments, said Valentín Diez Morodo, president of the Mexican Business Council for Foreign Trade, Investment and Technology (Comce), who asked the different levels of government to create conditions for greater economic development.

During the closing of the 27th Congress of Mexican Foreign Trade, the businessman pointed out, as part of the conclusions, that Mexico, United States and Canada Treaty (USMCA) “is an agreement with more aggressive conditions than the Free Trade Agreement of North America (NAFTA).

“For Mexico, the possibility of attracting new investments will be difficult if investors are seeing that the conditions under which they carried out their operations in Mexico change regardless of what is indicated in the T-MEC,” he commented.

“It will be impossible to achieve the increasing added value that is being demanded, if we cannot guarantee two elements to continue or establish ourselves in our territory, such as the rule of law and security.”

The leader asked the businessmen who attended the forum, which was broadcast on the Internet, to continue working so that the actions of the federal, state and municipal governments, as well as the Legislative Power “result in the creation of conditions that are more appropriate every day for a greater economic development, in the creation of companies and jobs, as well as in greater well-being for all the inhabitants of our country ”

Diez Morodo also called for the fight to continue to reduce levels of corruption and impunity that affect the possibility of attracting investment and business activity so that, based on solid institutions, there is certainty to promote development. and guarantee human and social rights ”.

Source: jornada.com.mx

Mexico Daily Post