OPINION By CARLOS PASCUAL Part of an ongoing series from the Wilson Center* General Motors stated in November 2021, just seven months after announcing plans to invest $1 billion in electric vehicle production in Mexico, that “Mexico won’t be a destination for foreign investment” unless it provides a solid legal basis to “meet our objective of having zero emissions in the
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By KELIN DILLON In a letter sent by U.S. Trade Representative Katherine Tai to Mexico’s Secretary of the Economy Tatiana Clouthier on Thursday, March 31, the United States has now claimed that Mexican President Andrés Manuel López Obrador’s (AMLO) controversial energy reform has put $10 billion of U.S. investment at risk, particularly when considering the United States-Mexico-Canada Agreement (USMCA) treaty.
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OPINION By THE WILSON CENTER MEXICO INSTITUTE Given the current political and social panorama in Mexico, there will be three major things to watch for in the months ahead regarding U.S.-Mexico relations: Migration As border apprehensions of undocumented migrants reach record levels, the Joe Biden and Andrés Manuel López Obrador (AMLO) administrations strive to collaborate to reduce the flow and
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By KELIN DILLON According to the International Monetary Fund’s (IMF) External Sector Report, Mexico drastically needs to reform its fiscal practices and implement increased monetary support to its inhabitants if it wants to fully recover from the economic effects of covid-19. “More domestic fiscal support is needed in the short term to ease the tensions of the pandemic, reduce scars
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By RICARDO CASTILLO Committees Approve Energy Bill Late Monday, March 1, the Mexican Senate’s Energy, Environment and Legislative Studies Committees approved President Andrés Manuel López Obrador’s (AMLO) controversial electric energy bill, which went to the Senate floor on Tuesday, March 2, for a fast-track vote. AMLO had asked Congress to approve the bill without even the slightest of changes, despite
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By KELIN DILLON Following the approval of Mexican President Andrés Manuel López Obrador’s (AMLO) controversial energy bill by Mexico’s lower congressional house on Wednesday, Feb. 24, the private sector is speaking out in a last-ditch effort to stop the bill’s ratification in the Senate. The new bill would give Mexico’s state-owned Federal Electricity Commission (CFE) priority uploading of its energy
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By THE PULSE NEWS MEXICIO STAFF Direct foreign investment in Mexico fell by 11.7 percent in 2020, compared to the comparable figure for the previous year, according to the federal government’s Economy Secretariat. Last year, Mexico received just over $29 billion in foreign investment, down from nearly $34 billion in 2019, the secretariat said in a written report on Thursday,
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Two former U.S. envoys outline an effective approach
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By KELIN DILLON Larry Rubin, former president and CEO of the American Chamber of Commerce in Mexico, advised caution to legislators before their approval of the outsourcing bill proposed by Mexican President Andrés Manuel López Obrador (AMLO). In an interview with Forbes México on Tuesday, Dec. 8, Rubin said that Mexico must take foreign investment seriously and proceed carefully on
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By RICARDO CASTILLO The change over of presidents in Mexico is always a formal event, and this time was no exception, except for the fact that the style of doing things has changed. Some, if not all, of the stiff formality of yesteryear was absent in the proceedings that took place on Saturday, Dec. 1. The real change of administrations
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