A meeting of U.S. and Mexican government and business leaders on Thursday aims t...
MERIDA, Mexico - A meeting of U.S. and Mexican government and business leaders on Thursday aims to shore up investor confidence in Mexico and defuse U.S. President Donald Trump’s threats to close their shared border if illegal immigration is not halted.
They also give Mexico an opportunity to address investor concerns about how President Andres Manuel Lopez Obrador has run Latin America’s No. 2 economy since taking office in December. Among investors due to attend is Larry Fink, chief executive of the world’s largest asset manager BlackRock Inc. Questions remain over the future of trade in the region because the deal agreed to replace NAFTA, the United States-Mexico-Canada Agreement , has yet to be ratified.
“So as to lower the pressure on this issue, which is a real issue and an important issue,” Kalach said. Mexico is also eager to drum up interests in “strategic projects” in Mexico’s southeast, and to ensure there is a good business climate in the country, the official said.
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