Mexico and America: Another turn of the wheel

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Mexico and the United States are two neighboring countries, with a complementary and complex relationship that is constantly determined to find new problems and excuses for differences.

In some cases, of course, they do not have much difficulty finding issues of potential dispute and differences.

You can see that the current situation is not there, which opens up a lot of possibilities for economic integration but also for growth and clear gains. and legal, ideological, rhetorical clashes and hurt feelings.

Theoretically resolving the conflict raised by the various interpretations of the Mexican reforms for energy laws, what can now become a source of controversy is summarized in three concepts: security, legal certainty and the environment.

The complex security situation has been highlighted in recent weeks by Ambassador Ken Salazar’s constant remarks about the importance of providing security to society, as without it there can be no progress.

Salazar is careful to underline that this is a problem that is not only for Mexico, but also involves the United States, and underscores the importance of cooperation with respect to sovereignty. “As I’ve discussed with both presidents, there can be no prosperity if there is no security,” he said recently.

But it’s not the story. The potential for theft of raw materials or finished products, especially high-tech ones, is not the slightest consideration for settlers in Mexico.

Other issues are more controversial in their respective fields.

One, legal certainty, defines economic analysts as the “normal business environment”.

“Investors demand certainty, reliability and transparency” for risk capital, and the hundreds or even billions of dollars needed to build complementary high-tech industries or “chips”, especially in Mexico.

But some analysts inside and outside Mexico have not uncovered the uncertainty created by the current Mexican government’s rhetoric, its traditional bureaucratic constraints and its apparent reluctance to recognize long-term contracts and a perceived tendency to act impulsively.

Unreasonable to your liking, is the image that President Andres Manuel López Obrador’s government has had since the founding and one that doesn’t help its ability to attract foreign investment.

The second, on the environment, is somewhat more esoteric and has its roots in the energy controversy, beyond legal considerations, as it is part of a trend that actually establishes barriers to imports of products that are not manufactured with respect. for certain environmental standards.

And beyond the fact that it is in US law, it is also a societal demand from both investor groups and consumers.

Or as former ambassador Jeff Davido might say, the dance of the bear and the porcupine.

by Jose Carreo Figueras
[email protected]
@CARRENOJOS1

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