The country’s private sector is confident that the dynamism of the Mexican economy, particularly investments, improves after April 2, the date on which the United States will define its commercial policy.
Francisco Cervantes Díaz, president of the Business Coordinating Council (CCE), commented in an interview that although 60 billion dollars are leisurely in investments for the tariff issue, the private initiative is confident that this situation will be unlocked.
– Would you expect greater economic dynamism by April 2?
– Yes, they are there, there is Mabe, Mercado Libre, Sempra, there are still investment ads. There are some that are in pause, but they have not canceled, I think this is reactivated at any time.
After heading the National Council of the CCE, the business leader commented that although there is a global economic slowdown, the private sector is working to boost infrastructure investment.
“If we raise infrastructure spending we can navigate perfectly well, with the Mexico Plan and there are also many investment funds, there are Afore, that is, in the private part there are capital to make important investments. Infrastructure is finally investment.
The infrastructure issue is very important and the states also make their product packages so that we can enter the private part, because this is a very important opportunity that we have in Mexico
he stressed.
After US government officials praised the act of President Claudia Sheinbaum Pardo on Mexico’s response to tariffs, which has helped the peso win terrain against the dollar, Cervantes Díaz reiterated recognition to the Federal Administration.
The president has done very well, quite well, has also been recognized by President Trump himself. We praise the handling, the caste that has had to fix this and we have a free trade treaty
he said.
Cervantes Díaz commented that the head of the Ministry of Economy (SE), Marcelo Ebrard Casaubón, and the Undersecretary of Foreign Trade of this unit, Luis Rosendo Gutiérrez, already met with the country’s steel sector to deal with the negotiation around the 25 percent tariffs that the United States imposed on steel and aluminum products, which entered into force on March 12.
The leader of the country’s private initiative said he will travel to Washington DC on Thursday and Friday of next week to continue dialogue with his private sector peers in the United States.
“US businessmen are also making very positive comments about the integration we have. We must demonstrate in the theme of steel that is 100 percent national and that Mexico has the capacity.
It is everyone’s effort not to leave the president alone, that we are fully supporting her
he added.
At no time we lower our guard.