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USMCA: Sheinbaum aims to boost Mexican economy with US private investment | Economy & Business

USMCA: Sheinbaum aims to boost Mexican economy with US private investment | Economy & Business

The highly anticipated meeting between Mexican President Claudia Sheinbaum and top business leaders from Mexico and the United States is set to take place at the 14th U.S.-Mexico CEO Dialogue in Mexico City. The agenda includes discussions on investment incentives, the USMCA renegotiation, energy policy, and climate change projects to address the concerns of major corporations such as América Móvil and Amazon in Mexico. President Sheinbaum highlighted the importance of fostering bilateral investment and enhancing ties under the trade agreement during a press conference, with potential announcements on binational investment in the pipeline.

The gathering commenced with a dinner hosted by top officials from Sheinbaum’s Cabinet, setting a conciliatory tone towards the business community. Against the backdrop of economic slowdown and fiscal challenges, the administration aims to boost private sector confidence and promote investment. The summit serves as a crucial platform for dialogue on mutual interests and the development of new projects between the two nations, particularly in light of upcoming U.S. elections and uncertainties surrounding Mexico’s judicial reform.

This strategic engagement seeks to rebuild trust and facilitate cooperation on various key issues within the framework of USMCA. As the government strives to navigate economic challenges and stimulate growth, the first direct outreach to the private sector plays a pivotal role in conveying its commitment to fostering a favorable business environment in Mexico.

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