Mexican business leaders yesterday joined forces with President Claudia Sheinbaum in the face of the global economic slowdown and agreed to accelerate the consolidation of Plan Mexico.
This morning, the President stated that this strategy seeks to offset potential losses generated by the current period of uncertainty with the United States in various sectors and regions of the country.
For his part, Economy Secretary Marcelo Ebrard stated that President Donald Trump’s fiscal plan will not affect the Mexican economy because the bottom line is that our advantage will be accentuated.
However, after an afternoon meeting between the President and 12 of the country’s most prominent business leaders, Francisco Cervantes, president of the Business Coordinating Council (CCE), stated that there is concern about how Trump has transformed the economic and commercial dynamics, but that Mexico is at an all-time high, with a very significant pace, and we are here to see how we can maintain it.
She revealed that the objective of this meeting, which was attended by, among others, Carlos Slim (Grupo Carso), Daniel Servitje (Grupo Bimbo), Antonio Chedraui (Grupo Comercial Chedraui), Guadalupe de la Vega Arizpe (Grupo de la Vega), Salvador Daniel Kabbaz (Fibra Danhos), and Juan Pablo del Valle, president of Oribia, as well as the Secretary of the Interior, Rosa Icela Rodríguez, was to engage with the President and analyze how we can further accelerate Plan Mexico.
Plan Mexico, key to increasing production in the country
Altagracia Gómez, head of the federal government’s Business Advisory Council, highlighted the commitment of business leaders to consolidating Plan Mexico, noting that 82 percent of the investors are national entrepreneurs.
This morning, the President stated that this strategy will allow for increased production in the country, both for the domestic market and for export.
After noting that the tariffs and the environment generated by the new measures taken by the United States have had some impact on Mexico, he considered that there will come a time when this will settle and production for export in the United States will resume.
Mexico, he added, remains very competitive for exports, and the final agreement we reach with the United States will allow our economy to continue exporting, but also to seek other markets.
He indicated that public and private construction in the country is being unblocked, for example, and all of this will offset, throughout the second half of the year, any impact that may have been generated by the uncertainty generated by the United States.
Source: jornada
