The director for Latin America of Moody’s AnalyticsAlfredo Coutiño, glimpsed this Tuesday that there is optimism regarding Mexico obtaining positive economic results from the North American Leaders Summit, which brings together the leaders of Mexico, the United States and Canada on Tuesday.
In Mexico there is moderate optimism regarding the results of the meeting, particularly given the existing trade frictions around Mexico’s compliance with the trade agreement,” Coutiño said in an analysis.
It might interest you: North American Summit: Why isn’t Mexico growing at the same rate as the United States?
The Mexican President, Andres Manuel Lopez Obrador; the American, Joe Bidenand the Canadian Prime Minister, Justin Trudeau, They have a trilateral meeting this Tuesday at the National Palace in Mexico City for the X Summit of North American Leaders.
The North American ‘Leaders’ Agenda
In the meeting they will foreseeably discuss issues related to migration, the fight against drug trafficking and energy policy, as well as economic and commercial issues.
Issues including trade relations, investment and collaboration on national security in the region are discussed.
Despite the fact that positive announcements may be made, both investors and businessmen are cautious in their expectations regarding possible results regarding the energy controversy against Mexico filed by Canada and the United States”clarified the analyst.
Coutiño referred to the consultations initiated last year by the partners of Mexico for the energy policy of López Obrador, who tried to reform the constitution and has implemented new rules to give priority to Mexican public companies over foreign investment.
In the analysis, Coutiño also highlighted the other Latin American event of the week due to the economic impact it can have on Brazil the assault on the Presidential Palace, Congress and the Supreme Court perpetrated by ultra-rightists last Sunday.
Until now, the financial markets of Brazil and Mexico have remained relatively calm but expectant. The potential impact on the economic perspectives in both countries, respectively, will depend on the results and the negotiations that are achieved around each particular event”, he stated.
On the first day of the Summit, López Obrador and Biden met at a bilateral table together with various members of their respective cabinets, where they discussed migration, drug trafficking, and the assault on Brazilian institutions.
The last:
EFE International news agency based in Madrid and present in more than 110 countries.