‘Confidence in Mexico’
US and Mexican top brass in talks to shore up flagging investor confidence
Questions remain over the future of trade in the region because the deal agreed to replace Nafta has yet to be ratified.
Merida — A meeting of US and Mexican government and business leaders on Thursday aims to shore up investor confidence in Mexico and defuse US President Donald Trump's threats to close their shared border if illegal immigration is not halted. Part of regular business forum the US-Mexico CEO Dialogue, the talks in Mexico coincide with renewed tensions over trade and the border after two years of uncertainty sparked by Trump's push to rework the North American Free Trade Agreement (Nafta). They also give Mexico an opportunity to address investor concerns about how President Andres Manuel Lopez Obrador has run Latin America's No 2 economy since taking office in December. "We want the American investors that visit our country to go back home feeling confident about their investments here," said Moises Kalach, a top executive in the CCE business lobby, which represented Mexico's private sector at the Nafta talks. Lopez Obrador and officials including his foreign minister and energy minis...
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