 |
|
|
 Business News | June 2007 
Mexican President Outlines Foreign Trade Plans
 Presidency of the Republic
| | In order to attract more investment and to promote trade diversification, Mexico will implement tailor-made strategies for the world’s different regions. |
During a speech at the Eighth Assembly of the Mexican Business Council of Foreign Trade, President Felipe Calderón said that over the past two decades Mexico has taken advantage of the passage of the General Agreement on Tariffs and Trade, a network of trade agreements, including the North American Free Trade Agreement and the Free Trade Agreement with the European Union, giving Mexico preferential access to a billion consumers in 44 countries throughout the world.
“Today,” declared the president, “we are the tenth largest producer in the world, the largest in Latin America, and between 1994 and 2006, in other words, since the passage of the North American Free Trade Agreement, our total exports have increased by 310 percent.”
In order to attract more investment and to promote trade diversification, Mexico will implement tailor-made strategies for the world’s different regions. These strategies will be complemented by a ten-pronged strategy to reinforce the productive sector and make the country more competitive, which will involve the following measures:
1. Supporting small and medium-sized businesses with training, management, commercialization, innovation and financing, and linking them to complete productive chains oriented to the export sector.
2. Providing more assessment and technical assistance to Mexican firms with regards to exports.
3. Organizing and supporting the participation of firms and producers in trade missions, fairs and exhibitions abroad.
4. Constructing Internet sites and promoting them massively country by country, to publicize Mexican firms, products and services and the enormous investment opportunities available in Mexico.
5. Establishing a policy of competence in regulated sectors that will lead to price and quality improvements that will improve the well-being of Mexicans and reinforce the country's internal market.
6. Developing a normative framework that will favor the promotion of foreign trade, which in turn will enable Mexico's productive sector to compete in better conditions on the international market.
7. Instructing and orienting diplomatic representations in Mexico from throughout the world to adopt a positive attitude towards the promotion of Mexican products and Mexico as an investment destination.
8. Continuing to support the formal economy by combating illegal practices such as piracy and smuggling.
9. Promoting competitiveness from government by promoting a shared working agenda with the legislative branch.
10. Continuing to work actively to promote an agenda of reforms that will make the national productive apparatus truly competitive and successful in the world.
The president ended by saying that Mexico has the conditions to become a trade hub between Asia and Europe, between North and South America, and between Asia and Europe and the United States. In other words, to become a multi-directional hub that will increase benefits for Mexicans, increase Mexico's strategic potential, attract investment, and create jobs for Mexicans.
Presidency of the Republic, June 11, 2007, Mexico City |
| |
|
Vallarta Weddings
Tell a Friend
Site Map
Print this Page
Email Us