Offering optimal conditions so that companies have everything they need to operate will allow Mexico to be competitive and attract larger investments through proximity, because this is not limited to our country as it competes with countries such as Colombia, Vietnam, Costa Rica and Indonesia. said Juan Carlos Becker, former leader of the team of negotiators for the Mexico-US-Canada Treaty (T-MEC) with the government of Enrique Peña Nieto.
In his participation in the Norte Económico podcast, of Grupo Financiero Banorte, the former Undersecretary for Foreign Trade at the Ministry of Economy from 2016 to 2018, under the leadership of Ildefonso Guajardo, opined that among the things that Mexico must guarantee to companies seeking relocation in the country, is the provision of electricity, The certainty of business and the availability of talent.
The relocation also represented a paradigm shift for companies, said the general manager and co-founder of consulting firm Ansley, because they no longer wanted to risk their supply chains and wait, say, several weeks for their products to arrive by ship from the other side of the world.
This year, I expect international trade to continue to be the engine of the national economy
Juan Carlos Becker, Consultant
In this sense, he said, the “just in time” model is being replaced by the “just in case” model, whose main characteristics are that companies can have backup operations and inventory to cover all kinds of eventualities.
He stressed that his expectations are that international trade this year will continue to be the engine of the national economy, and stressed that global trade in Mexico is witnessing one of its best moments thanks to the near delay.
Baker stated that in 2022, total exports and imports exceeded the $1 trillion barrier for the second year in a row, an amount that represents between 80 and 82 percent of the country’s gross domestic product.