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The past 19th of May at 17:00hrs Mr. Jorge Zermeño Infante
, Ambassador of Mexico in Spain, honored us with his presence at IE Business School following an invitation from Club IE Mexico.
During the conference, Ambassador Zermeño opened up addressing recent situations and perspectives of the Mexican economy. In his presentation he focused on three main pillars: Economic results, Pending agreements & Perspectives of joint opportunities of international commerce with Spain. He praised Mexico´s low rate of inflation as well as the countries low risk level, further promoting foreign investment. He also discussed Mexico´s Financial status and Public Institutions; supported with
An interesting topic Ambassador Zermeño covered, were the different treaties Mexico was active in. From the TLCAN (NAFTA) with the U.S. and Canada to the EU-Mexico free trade agreement, Mexico has trade negotiations with over 44 countries through 12 different treaties. Mexican Exports have nearly doubled since 2000, with industries such as Petroleum/Petrochemical, Automotive and Aerospatiale growing tremendously in the recent decade. As for Mexico´s direct foreign investment, from the period of 1994-2006 Spain represents 8.7% of the total
foreign investments of our country. Spanish investment in Mexico is mostly related to both Manufacturing and Financial services. For further information, please look into Ambassador Zermeño´s presentation which will be posted in Club IE Mexico´s link.