Business · Companies · 21 hrs ago

AmCham says clear trade rules are needed for new investment in Mexico

AmCham says clear trade rules are needed for new investment in Mexico

Óscar del Cueto, head of the American Chamber of Commerce of Mexico, says US companies are ready to invest in Mexico.

He says businesses need clear trade rules and legal certainty before committing new money.

AmCham remains in contact with Mexican officials and US negotiators, though business input no longer follows the old “fourth-of-the-room” format.

The talks include concerns about tariffs affecting sectors such as steel, aluminum and automotive.

Del Cueto says a predictable trade framework could support new plants, jobs and production capacity in Mexico.

The three countries have recognized that the North American trade agreement will continue for another 10 years, while some issues may be handled bilaterally by Mexico and the United States.

AmCham is seeking a joint announcement to give businesses certainty as trade discussions continue.

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What people are saying

Óscar del CuetoAmCham Mexico president
If we have clear rules, if we have investments that are protected, if the rules of the game are transparent and clear, that will bring investment.
via El Economista MX
We have been in Mexico talking with Mexican authorities, we have been in the United States. We have had these meetings with the main actors in this negotiation.
via El Economista MX