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Overview

Mexico's industry growth is maintained in face of challenges
OBG
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Performance in Mexican industry is heavily dependent on the particular segment in question and its current economic position. The automotive and aeronautics manufacturing sectors, concentrated mostly in the Bajío region of Mexico in the states of Querétaro and Guanajuato, are driving demand for inputs like light-weight polymers, while strong growth in agro-industry across different regions of Mexico…
Interview

Juan Pablo Castañón Castañón : Interview
OBG
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Interview :Juan Pablo Castañón Castañón What key areas of the economy need further reform to reach sustainable growth levels? JUAN PABLO CASTAÑÓN CASTAÑÓN: Increasing GDP can be achieved by combining several approaches. Above all, Mexico needs to face economic challenges with a compliant and responsible corporate culture. Private companies have to work to add value through their activities…
Interview

Alejandro Díaz de León Carrillo : Interview
OBG
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Interview :Alejandro Díaz de León Carrillo What are the external pressures on the local economy, and how are Banco de México’s policies effective in managing such risks? ALEJANDRO DÍAZ DE LEÓN: For the financial sector and the whole country it is fundamental to have a solid, resilient banking system that is resistant to volatility. In the last few years, financing of businesses and homes…
Interview

Santiago Urquiza Luna-Parra : Interview
OBG
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Interview :Santiago Urquiza Luna-Parra Given Mexico’s low market cap relative to the size of its economy, is there room for a second exchange? SANTIAGO URQUIZA: Although many argue that the market should be reformed, rather than introducing another exchange, increased service provision is always healthy. All 14 countries with economies larger than Mexico’s have at least two stock exchanges,…
Interview

José Oriol Bosch Par : Interview
OBG
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José Oriol Bosch Par : Interview How has the greater availability of instruments on the exchange helped provide financing and engagement with other sectors of the economy? JOSÉ ORIOL BOSCH PAR: Over the last few years the Mexican stock market has matured substantially, and we now match many global exchanges in terms of the variety of instruments available. The challenge is to further engage the…
Interview

Manuel Escobedo Conover : Interview
OBG
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Interview :Manuel Escobedo Conover In what ways can public sector strategies be coordinated to boost risk management? MANUEL ESCOBEDO: We aim to achieve a 3.1% insurance penetration rate by 2020, to be successful, we need to strengthen dialogue and form a more solid interorganisational strategy across the sector. The public sector has an important role to play in enhancing and improving the…
Interview

Miguel Ángel Alonso Rubio : Interview
OBG
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Interview :Miguel Ángel Alonso Rubio How will the second electricity auction lead to increased efficiency in the renewables sector? ALONSO: The results of the first electricity auction were key to the success of the second auction, boosting confidence in the mechanisms that the government had put in place for energy reform. The latest auction increased companies’ desire for electricity projects,…
Interview

Carlos Treviño Medina : Interview
OBG
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Interview :Carlos Treviño Medina How is Pemex adapting to the new energy reform? CARLOS TREVIÑO: The energy reform has initiated a profound transformation of the legal and institutional framework of the Mexican energy sector as it seeks to promote the sustainable and efficient use of our natural resources to ignite the sector’s potential and contribute to the country’s overall development.…
Interview

Iván Sandrea Silva : Interview
OBG
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Interview :Iván Sandrea Silva To what extent has energy reform positively impacted levels of oil and gas investment? IVÁNSANDREA: Reforms take time to materialise, especially in the energy sector, where progress is slow. However, Mexico has achieved tremendous results in the last two years. There are more than 70 companies active and registered in the country, there have been over 100…

Interview

Mayra González Velasco : Inteview
OBG
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Interview :Mayra González Velasco What makes Mexico a popular investment destination for the global automotive industry, and how can this position be consolidated? MAYRA GONZÁLEZ: Above all, Mexico has a fantastic geographic location, connecting North and South America, with port access to both the Atlantic and Pacific oceans. This makes it easy to export to both Europe and Asia. Internally,…