US Envoy Warns of Less Investment in Mexico if Violence Not Contained

U.S. Ambassador to Mexico Ken Salazar. Photo: Google

PULSE NEWS MEXICO

U.S. Ambassador to Mexico Ken Salazar on Thursday, Aug. 18, warned that growing insecurity across a number of Mexican states could have a negative impact on foreign investment, including through the United States-Mexico-Canada Agreement (USMCA).

At a press conference at his Lomas de Chapultepec residence in Mexico City, Salazar said that the violence could also affect national investors, who have already expressed their concern about him.

“This is very real,” he said.

“With growing insecurity, investment from the United States and other countries here in Mexico could cool down, and that is contrary to what should happen under the USMCA dream. There should be more investment, but the increasing insecurity is a big factor for business.”

Salazar went on to say that he has heard numerous U.S. business representatives express their concerns, adding that Mexican President Andrés Manuel López Obrador (AMLO) and U.S. President Joe Biden issued a joint statement after their meeting at the White House on July 12 “promising to improve security in both nations.”

“Let’s make those statements come true. It’s time for security results,” he said.

Asked if the acts of violence committed last week across several Mexican could be considered terrorist acts, Salazar said no, but that they do “generate worrying insecurity.”

“Terrorism, no, but real insecurity, yes, with very serious consequences for the people affected,” he clarified.

 

 

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