Ebrard, positive for the Private Initiative

Yesterday the president-elect, Claudia Sheinbaum, announced six more elements of her Cabinet (three men and three women) where Marcelo Ebrard, appointed Secretary of Economy, became a key player for the start of the new six-year term.

After the announcement by Sheinbaum, the exchange rate stabilized and reacted positively; The businessmen also gave their approval to the appointment.

In his first press conference as future Secretary of Economy, Marcelo Ebrard stated that the T-MEC will be the primary issue to be discussed in addition to promoting nearshoring.

The private initiative maintained that its knowledge will allow it to negotiate the revision of the North American trilateral trade agreement.

According to business leaders, Marcelo Ebrard’s profile in front of the Ministry of Economy is adequate as he is a “tactical and strategic person, someone who studies and identifies, in addition to being a conciliator and negotiator.”

According to Octavio de la Torre, Confederation of National Chambers of Commerce, Services and Tourism, as well as Francisco Cervantes, leader of the Business Coordinating Council, there has previously been dialogue with Ebrard, as well as joint work with him in the private sector.

For his part, Luis Olivares Martínez, director of the Pro Coahuila economic promotion office, said that his appointment will be very positive, in addition to generating certainty.

“From our point of view, we believe that it is a correct decision, because he is a person who has shown capabilities and who has been open to taking advantage, as a country, of all the benefits that nearshoring can generate,” said Olivares.

It should be noted that the appointment of the six Secretaries of State by Claudia Sheinbaum gave a boost to the peso, since the Mexican currency in international markets closed this Thursday at 18.38 pesos per dollar, which meant an appreciation of 0.25% or five cents. compared to the previous day.

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The market reacted positively to the appointments, especially that of Ebrard, as well as that of Juan Ramón de la Fuente as Secretary of Foreign Affairs.

Meanwhile, Marcelo Ebrard revealed that among the priorities that the agency under his charge will be preparing the review of the Treaty between Mexico, the United States and Canada (TMEC) in 2026, as well as attracting more investments to Mexico.

Likewise, he indicated that another priority will be the modernization of the agreement with the European Union.

“[Los retos] are clearly established: we have to prepare for the review of the free trade agreement with the United States and Canada. The review process, as you know, has to be ready in 2026. It is a very important first challenge.

“Second, we have to finish the modernization agreement with the European Union. We must pay attention to keep it moving forward,” he said.

#Ebrard #positive #Private #Initiative
2024-06-22 19:44:53

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