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Puerto Vallarta News NetworkBusiness News | July 2008 

Investing in Mexico a Sound Business Decision: Felipe Calderón
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Federal Government ensures rule of law and provides legal certainty for Mexicans and those who invest in Mexico.
 
Shanghai, China: China should know that investment in Mexico is welcome, declared President Felipe Calderón during the inauguration of the seminar on Investment and Business Opportunities, the event with which he began his state visit to that country.

“Today, Mexico has a solid, stable economy, a growing economy we are determined to increase," said the Mexican president at the same time as he invited Chinese businessmen to take advantage of the advantages provided by Mexico in this area.

The President urged businessmen from the two countries to create synergies to achieve a greater integration of their economies since, he said, it is only through the expansion of trade that competitiveness and well-being can be created, particularly in today's globalized world.

In this respect, President Calderón said that one of the reasons why Mexico is regarded as an excellent place for investment is because over the next few decades, according to Goldman Sachs, Mexico will become the world's fifth largest economy, which will create an enormous opportunity for investment in what will be one of the most important economic powers in the world for the next few years.

Felipe Calderón told an audience of Chinese and Mexican investors that in order for Mexico to have a competitive economy that will generate jobs, his government has carried out various actions such as combating organized crime, in which the authorities have acted with firmness and determination, using all the force of the state to guarantee people's rights.

“We have maintained an integral strategy to reinforce public security in the country in order to ensure the rule of law and legal certainty not only for Mexicans but also for those that decide to invest in Mexico," he declared.

Moreover, added the President, the country has exploited the logistic advantage of having a border with the largest market in the world, since the aim is to turn our country into a multidirectional hub in this global world.

“Many firms are already taking advantage of Mexico's privileged location because they can invest in Mexico, produce their goods at competitive prices and place them on the US market with zero tariff rates, due to the Free Trade Agreement we have with the United States," he said.

Later on, before leaving Beijing, President Felipe Calderón met with the Mexican community in this city where he said that one of the reasons for this state visit is for Mexico to reinforce its presence in this Asian country.

“For a nation like ours, it is essential for each Mexico to be a genuine representative of the country, an ambassador and for every Mexican to be an example of honesty, capacity, hard work, seriousness, who will reflect well on Mexico and demonstrate the country's enormous potential," he declared.

As part of his visit to this Chinese city, he also held bilateral meetings with representatives of the areas that are crucial to the country's economy, such as infrastructure, information technology and the automobile sector.



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the included information for research and educational purposes • m3 © 2008 BanderasNews ® all rights reserved • carpe aestus