Mexico Country Update
/ Eva Fernandez and Caitlin Miner-Le Grand

Mexico risks running a deficit in 2008 if the fiscal reform bill is not approved, according to President Calderon. Beyond this priority, his administration continues to focus efforts on forging stronger ties across Latin America.

NACC Presents Report to North American Leaders

During an August summit of North American leaders in Canada, the North American Competitiveness Council (NACC)—a trilateral council of business leaders representing the private sectors of Canada, Mexico, and the United States—offered recommendations on border-crossing facilitation, standards and regulatory cooperation, and energy integration. To download the report, click here. For more about the NACC, click here.

Mexico City: Mexico in the Global Economy

Just as the Mexican Senate was approving a groundbreaking federal pension reform law, the Americas Society and Council of the Americas (AS/COA) held its 2007 Mexico City Conference to look at Mexico’s role in the global economy. With over 180 private and public sector leaders in attendance, the conference, hosted in association with the Mexican Business Council of Foreign Trade Investment and Technology (COMCE), highlighted key reforms—including labor, energy, and fiscal reforms—to improve Mexico’s competitiveness.