There is no reason for investment to leave the country: Ebrard

by times news cr

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There is no reason to assume that the approval of the reform al Judiciary will interfere with the flow of investments in Mexico, he said Marcelo Ebrardnext secretary of Economy.

Interviewed after participating in a forum On artificial intelligence, he also former foreign minister He said that the arrival of capital into the country will not stop.

“It will continue (the investment) structurally in Mexico and in USA. This year Mexico has already established itself as the main partner of the United States; I would emphasize that in terms of foreign investment, exports from both and number of people from both countries who live outside the country, both in the United States and Mexico (…), we have the largest North American community in the world.

“All this leads you to a structural integration, today it is a judicial reform, we are going to implement it well, Mexico It will improve its judicial system, that is what is going to happen and that is the result that is sought and economic integration will not only continue but will grow,” he said. Ebrard.

Questioned by the nervousness of the international rating agencies, the future secretary of Economy He recalled that the day before yesterday there was one of the most successful investment placements in recent times.

He stressed that in Mexico all investments are protected by law. “There is no provision in the judicial reform that could put investments at risk, there is no reason for that. Mexico has signed international treaties, the Constitution protects property, legitimate investments.

“I don’t see any reason why there will be any impact on investments, I think the opposite, you will have an increase in investment in Mexico“, he said.

He added that investment capital is coming for railways such as the Arsenal company, which is the largest railway tourism group at the invitation of the Secretary of Turismo.

In addition, Ebrard said, there will be investments in various aeronautical projects and he recently had meetings with finance ministers from other nations “and nobody told me: hey, we are going to limit investments in Mexico.”

He stressed that the cost of energy in Europa At this moment it is “very high” and in Mexico there is a low cost of energy and that is what is seen in the world beyond the day-to-day situation.

This after the nervousness that pushed the peso above 20 units per dollar the day before yesterday when this reform advanced in the Senator of the Republic.

Marcelo Ebrard will be in charge of ensuring that investment reaches the country as head of the Economy and within the framework of the nearshoring that is capturing foreign firms who are looking to get out of Asia and get closer to North America.

He will be the former head of Government of the Mexico City who will lead the review of the Free Trade Agreement (T-MEC) between our country, the United States and Canada during 2026 under the mandate of Donald Trump o Kamala Harrisdepending on who wins the election.

2024-09-18 12:18:21

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