Free trade and economic stability do not, by themselves, guarantee success.
There is an old tool that has become very handy that is called strategic patience, which is do not overreact in the short-term. Take your time. See what is the underlying, real message. And then, once the reality is represented by actions, then decide how you are going to react to those actions.
Since we don't use any type of currency manipulation schemes - we have a floating exchange market - we are very glad to consider any type of process that would stabilize the Mexican peso.
The Pacific Alliance is an initiative to align our economies.
Let me first clarify that NAFTA is a trilateral agreement. The decision of walking away is not of Mexico or Canada. The decision of walking away is of the U.S.
If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico.
We believe more in bridges and making the border better.
NAFTA has been a great success for the three countries involved.
At the end of the day, we have to find a way to compete better with the world.
Opening the Pandora's box of tariffs will be an endless game, and it will be a lose-lose proposition.
It makes no sense to introduce an agreement with border restrictions or tariffs.
We have to find common grounds. NAFTA is 22 years old. We need to modernize it.
We understand U.S. position, but we have to find a way to make trade translate into better jobs in North America.
Mexico's government has made a strong commitment to boosting the country's competitiveness in global trade, and the Ministry of Economy recognizes that trade facilitation is a key element in achieving this objective.
The end-to-end value chain analysis proposed by the World Economic Forum has proved to be useful methodology, not only to identify trade barriers but also to highlight the importance of coordination among public-sector institutions.
The next generation of entrepreneurs are already named Martinez or Sanchez.
The actions taken by the Cuban government with its new trade zone open up the potential of strategic investments from Mexico. Mexican companies are very excited.
You cannot set salaries by decree. At the end of the day, it doesn't work with the market. What you can make sure to do is to train workers in order to make them more efficient and demand higher salaries because of their qualifications.
One of the good things that's happening in manufacturing in Mexico is that the old maquiladora that was relegated to just assembling things has changed in different sectors. One of these sectors is the aerospace industry and in how we attract workers that have been in technical school.
If a private investor is raising his hand and saying, 'I don't have the conditions with which to work,' then the government has the responsibility to create those conditions.
