Esteban Moctezuma promotes investment in Mexico

Mexico's Ambassador to the United States, Esteban Moctezuma Barragán, met last night with the CEOs of 10 global companies to promote investment in Mexico and build confidence in the country's stability.

In a post on his X account, Moctezuma highlighted that high-ranking executives from companies such as Rockwell Automation Inc., Wal Mart, Prologis, Western Union, and Coca Cola were in attendance.

The meeting comes in the wake of the recent approval and implementation of Mexico's Judicial Reform, which took effect on September 16. This reform has prompted various reactions, including from the U.S. Ambassador to Mexico, Ken Salazar, regarding the stability of the trade relations between the two countries.

These concerns were echoed by U.S. officials, such as State Department spokesperson Matthew Miller, who stated this week: “We support everything the ambassador said. And what we are going to do is engage in dialogue with our Mexican counterparts on how this law is implemented.”

In this context, Ambassador Moctezuma’s meeting is significant in providing reassurance about the security of investments in the country during its transitional phase and the continuation of the Fourth Transformation, under the leadership of Claudia Sheinbaum. She has assured that investments are not at risk and that there is significant interest in investing in Mexico.

Marcelo Ebrard, Mexico's incoming Secretary of Economy, announced that president-elect Claudia Sheinbaum will participate in the U.S.-Mexico High-Level Business Dialogue on October 15.

Mexico is projecting significant investment in the coming years, driven by the rise of nearshoring. According to the Bank of Mexico, national companies are expected to see a 41.3% growth from 2016 to 2030, with a 31.6% growth reported in 2015.

Patricia Tepozteco