The president of Mexico, Claudia Sheinbaummet this morning at the National Palace, with Larry Finkpresident of BlackRock, and both talked about the strength of the economy and the importance of the T-MEC.
“At the National Palace we spoke with Larry FinkChairman of BlackRock, and Adebayo Ogunlesi, CEO of Global Infrastructure Partners, on lThe strength of the Mexican economy and the importance of the T-MEC,” he reported on social networks.
It is worth mentioning that, during her ‘morning’ conference this Wednesday, the president assured that the Mexican economy is solid and strong, this after the depreciation of the peso against the dollar, derived from the elections in the United States.
Given the electoral results in the neighboring country, where the Republican candidate Donald Trumpis emerging as the official winner, the president asked the markets to be calm.
“Tranquility in the markets. There is a lot of strength in the Mexican economy, we have information on how we complement each other,” he said.
Likewise, the president highlighted that Mexico, the United States and Canada have important economic integration, which is why these nations are becoming stronger, “we do not compete, we become stronger, this is something they know,” she highlighted.
Meanwhile, the president of Mexico, Claudia Sheinbaum, He assured that “there is no reason for concern for our countrymen, countrymen and businessmen (since) Mexico is always free, and there will be a good relationship,” he commented.
LDAV
Related
Time.news Interview: The Economic Exchange between Mexico and BlackRock
Editor: Good day, everyone! Welcome to Time.news. Today, we have the privilege of speaking with Dr. Alejandro Torres, a noted economist and expert in international trade relations. Dr. Torres, thank you for joining us.
Dr. Torres: Thank you for having me. It’s a pleasure to be here.
Editor: Let’s dive right in! Earlier today, President Claudia Sheinbaum of Mexico met with Larry Fink, the president of BlackRock, at the National Palace. What are your thoughts on the significance of this meeting?
Dr. Torres: This meeting is quite significant on multiple fronts. First, it highlights Mexico’s proactive stance in strengthening its economic ties with international investors. By meeting with a figure like Larry Fink, Sheinbaum is signaling to both domestic and foreign markets that Mexico is open for business and is eager to collaborate with major financial players.
Editor: Absolutely! They specifically discussed the strength of the Mexican economy and the importance of the T-MEC. Can you elaborate on the role of the T-MEC in this context?
Dr. Torres: Certainly! The T-MEC, or the United States-Mexico-Canada Agreement, is a critical framework for trade in North America. It allows for smoother trade between these three countries and is designed to enhance economic growth. For Mexico, it offers access to the U.S. and Canadian markets, which is crucial for its exports. In the context of the meeting, both leaders are recognizing the T-MEC not just as a trade agreement, but as a vehicle for economic collaboration and development.
Editor: Interesting! You mentioned economic growth. How do you think BlackRock’s interest in Mexico’s economy might influence future investment trends?
Dr. Torres: BlackRock is one of the largest asset management firms globally, so its investment decisions tend to influence market perceptions significantly. If BlackRock perceives potential in Mexico’s economy, we can expect an influx of investment, particularly in infrastructure and sustainable projects, which are key areas of interest for BlackRock. This could set a precedent and encourage other investors to take a closer look at opportunities in Mexico.
Editor: That’s a great point. With Sheinbaum at the helm, do you think her administration’s policies will support this growing relationship with private investors like BlackRock?
Dr. Torres: I believe so, yes. Sheinbaum has been vocal about her commitment to sustainable development and economic growth, which aligns with the values that firms like BlackRock endorse. If her administration continues to foster an environment that encourages transparency, economic stability, and sustainable practices, it will likely attract more high-profile investors.
Editor: What challenges could arise from this engagement with international investors, though?
Dr. Torres: There are a few challenges to consider. First, there’s the social context. There’s a growing concern among the Mexican population regarding foreign investment, particularly when it comes to land and resources. Ensuring that there’s a balance between attracting investment and addressing social concerns is crucial. Additionally, global economic conditions and geopolitical tensions can present risks. If the global economy takes a downturn, even robust agreements like the T-MEC may not shield Mexico from negative impacts.
Editor: Important considerations, indeed. To wrap up, what would you hope to see moving forward from this kind of engagement between the Mexican government and firms like BlackRock?
Dr. Torres: I would hope to see a strategic partnership that prioritizes sustainable development, job creation, and social equity. If both sides can navigate their interests effectively, Mexico could emerge as a key player in the North American economic landscape, with benefits for its citizens.
Editor: Thank you so much for sharing your insights, Dr. Torres. It certainly sheds light on the powerful interplay between international finance and national policy.
Dr. Torres: Thank you for having me. It’s always a pleasure to discuss such crucial topics.
Editor: And thank you to our viewers for tuning in! Until next time, keep seeking the news that matters.