Mexico, the best country in Latin America to invest: Coparmex

The Employers’ Confederation of the Mexican Republic (Coparmex) announced that foreign entrepreneurs have assured that, of all the countries that make up Latin America, Mexico is the best to invest. In this sense, the business organization stressed that the fact that the Mexican Republic is seen as the best Latin American nation to invest is an advantage in the region for the country, so work must be done to preserve it. In the presentation of the binational boards of the Employers’ Confederation of the Mexican Republic, its president, José Medina Mora, stressed that if Mexico wants to continue to be considered as a privileged territory to attract foreign flows, companies must be provided with certainty that the rule of law is respected. ” What foreign companies tell us is that Mexico is the best to invest in Latin America, this is a relative advantage and it is something we have to keep. And the path is clearly in the rule of law, that is, legal certainty for investment and in improving security conditions,” he said. In this context, the business leader emphasized that the main challenges for Mexico in its commercial relationship with the United States are legal certainty and security, both factors that have deteriorated in recent years.” When in the past there was talk of ignorance of some contracts with foreign companies that have contracts, which are legal according to current law, which was going to be ignored and not compensated, it seemed that it was a bad message to companies that want to invest in our country, “he said. Just last week the president of the Confederation of Industrial Chambers (Concamin), José Abugaber, indicated that although Mexico is within the list of the most attractive countries to invest, ranking 10th, it has the potential to climb steps in the ranking and position itself in 3rd place. However, he stressed that to achieve this purpose it is required that Mexico has an agency that is responsible for attracting such flows to the national territory, as did ProMéxico, a trust created in the government of former President Felipe Calderón Hinojosa. Sinaloa Deputy Complains About Price of Basic Basket

Original source in Spanish