He warned that with the reform, economic growth would be at risk of falling to lower levels seen in the past.
He explained that the reform would affect investment through three channels:
1.- The business operation in a country where contracts can easily be cancelled.
two.- more expensive electricity. There are many companies where they would not want to invest in a country where electricity is more expensive.
This reform would result in more expensive and polluting energy. There are companies that by mandate of investors can no longer produce with polluting energy, for example, General Motors.
3.- It would be violation to the Treaty between Mexico, the United States and Canada. Investments from North America would be at stake, concluded Serrano.
United States Trade Representative, katherine taisent a letter Tatiana ClouthierSecretary of Economy, in which he expressed his concern and pointed out that the reform put in investment risk by $10 billion .
