Against a backdrop marked by the upcoming review of the USMCA, regionalisation trends and global competition to attract capital, the Pérez-Llorca/IE Chair brought together investors, lawyers, bankers and specialists at the Metropolitan Club in New York to analyse the economic future of Mexico and Latin America.
The event was moderated by José Ignacio Rivero, a partner at Pérez-Llorca in New York, and featured José Antonio González Anaya, former Secretary of Finance and former Director General of Pemex and the Mexican Social Security Institute, and Gayle Allard, a professor at IE University and a specialist in competition and international investment.
The discussion took place before an audience comprising representatives from investment funds, financial institutions, international law firms and players in the US capital markets – precisely the kind of investors involved in financing strategic projects for Mexico and Latin America.
During the conversation, the participants agreed that the region has a unique opportunity to benefit from the restructuring of global supply chains and its close economic integration with the United States.
The experts noted that Mexico and Latin America are now economies deeply integrated into international trade, highlighting that Mexico’s trade volume is equivalent to around 90% of its GDP, a transformation driven by decades of economic liberalisation and by agreements such as NAFTA and, subsequently, the USMCA. In this context, they emphasised how important it is for Mexico to preserve and strengthen the trade agreement, the forthcoming review of which will be crucial to the region’s stability and competitiveness.
They also pointed out that, in order to fully realise this potential, progress will need to be made in areas such as infrastructure, energy, public finances and security, as well as strengthening collaboration between the public and private sectors to drive forward long-term projects.
On the subject of investment, José Ignacio Rivero emphasised that, even in a challenging global environment, Mexico and Latin America offer significant opportunities to attract capital and develop strategic projects. He emphasised that legal certainty is a key factor in long-term decision-making and highlighted the importance of strengthening collaboration between international investors, local partners and the authorities in order to promote projects that contribute to economic growth and infrastructure development in the region.
The session also covered opportunities in sectors such as infrastructure, energy, manufacturing and financial services, further establishing the Pérez-Llorca/IE Chair as a forum for dialogue on the issues that will shape the future of investment and growth in North America.
