Mexico presented this Wednesday before a group of investors in New York its ambitious project of the Interoceanic Corridor that connects the south of that country, before whom the Mexican Secretary of Economy, Raquél Buenrostro, highlighted that last January her country was consolidated as the main commercial partner of the United States.
He also pointed out, during an event at the Society of the Americas in search of new investors, that Mexico is “economically stable” with a currency that has been strengthening and a Gross Domestic Product that grew 3.1% in 2022.
Also that it has 14 free trade agreements with 50 countries, including the US and Canada (T-MEC), and a population of 126 million consumers, making it “very attractive to invest.”
Buenrostro had previously highlighted that they believe that “Mexico is increasingly up to the task of also being a very convenient member and partner for the US and Canada.”
He also told them that Mexico is the fifteenth largest economy in the worldHe stressed the strengthening of his currency and recalled that his Government has reduced unemployment and has maintained low inflation (7.8%) and high collection, among other achievements.
“We want to invite you to work together,” said the secretary, who acknowledged that until now the development of Mexico had focused on the north of the country but that this project, which will unite the Pacific and Atlantic oceans, It will make it a strategic place to quickly bring merchandise to Asia, Europe, Latin America, the US and Canada..
The Interoceanic Corridor of the Isthmus of Tehuantepec is a project focused on manufacturing and the movement of merchandise between the Pacific and the Atlantic through the isthmus by means of the railway, ports, airport and highways.
Buenrostro and part of his work team, including the Undersecretary of Economy Alejandro Encinas Nájera, who had the weight of the presentation, focused on highlighting the benefits of investing in this project, one of the campaign promises of its president Manuel López Obradoras well as the benefits that the country offers, both tax and help to expedite procedures.
They also talked about the infrastructure they already have, the resources and the companies established in the country.
Among the benefits, Buenrostro highlighted in particular human talent with an average age of 29 years whose education has focused on science, technology and mathematics.
When asked by EFE about the warning that the US is evaluating an ultimatum for Mexico due to the energy consultations it opened within the framework of the T-MEC, Buenrostro recalled that they have already started a conversation with their business partner.
“We are working together and in talks with them,” he indicated at the end of the event and stated that “we do not feel” the weight of this ultimatum in this process, which stalled last year with the resignation in October of the Secretary of Economy, Tatiana Clouthier. , which Buenrostro replaced.
Several layoffs were added to the departure of Clouthier in the Mexican secretariat that added to the delay in the talks, after the US filed a complaint under the T-MEC for the energy policy of López Obrador on the grounds that it is harmful for corporate America and impedes the development of clean energy.
During the presentation, the Mexicans assured that several of the projects under development as part of the Corridor include clean energy.
Buenrostro also told EFE that at this time the talks are focused on explaining to his border neighbor how some companies have worked “who operated outside the law” and clarifying doubts about those that do operate within the legal framework.
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