Sheinbaum seeks more investments with a new (and close) business council

Xóchitl Pimienta, professor at Tecnológico de Monterrey, considers that this push by the government shows that a complex scenario is being read a few months before the review of the Trade Agreement between Mexico, the United States and Canada (T-MEC) is carried out, a combination that makes a strategy necessary to boost investments.

“You are reading correctly the political and economic scenario that we have in the country… The economy is slowing down, fixed investment has been falling, so it is an explicit recognition that the government makes that without private investment, there will not be any transformation project that will endure,” he explains.

The Mexico Plan announced by President Sheinbaum was a good start, but an alliance with businessmen is required to attract investments.

An allied business group

In the photograph next to the president, in addition to the owner of Grupo Carso, the director of Televisa and the former president of the Business Coordinating Council, were figures such as José Antonio Fernández Garza (Femsa and Coca Cola Femsa), Carlos Hank González (Grupo Banorte), Alejandro Baillères Gual (Grupo Bal) and José Antonio Chedraui Eguía (Grupo Chedraui), as well as Altagracia Gómez Sierra, who will be the coordinator of the Council.

Of them, only Francisco Cervantes will not continue on the Council, since José Medina Mora, the former president of Coparmex, takes his place on the CCE.

Lavalle Montalvo believes that business leaders tend not to confront the government; however, Medina Mora has a more critical profile that could seek to ensure that the voices of businessmen are heard.

“All business leaders follow the line of the current government, but taking care of their interests. However, the new leader of CCE is more critical, which could balance the position of businessmen for a better rapprochement with the president,” he indicates.

At the time, José Medina Mora clarified that he represented a political, but non-partisan, business organization. Just this Monday there was a first approach between the new president of the CCE and the president.