Business Council is ready to support the review of the TMEC by Mexico • Economics and Finance • Forbes Mexico

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Sergio E. Contreras Pérez, Executive President of the Mexican Business Council of Foreign Trade, Investment and Technology (COMCE), stressed that the agency is prepared to support Mexico in the renegotiation and review of the TMEC, which will begin in mid -2026.

“As part of the Fourth of Together – the consultation and accompaniment mechanism where representatives of the private sector participate to support the Government in international commercial negotiations and reviews – the agency will actively participate in this process of consultation and review of the TMEC,” said the businessman.

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The Office of the United States Commercial Representative (USTR) and the Ministry of Economy (Se) began the public consultation process towards the revision of the TMEC.

The USTR and the citizens, companies and organizations were invited to send written comments and participate in a public hearing on November 17, 2025 in Washington, DC

“This exercise opens the door so that the productive sectors of the region contribute proposals that strengthen the competitiveness of North America, including issues such as economic security, development of the workforce and attraction of investments,” he said.

To do this, the Comce has accredited members of its International Section for North America, which is made up of Juan Pablo Cervantes, president of the section; Kenneth Smith Ramos, president of the Mexico-United States Bilateral Committee; Armando Ortega, president of the Mexico-Canadá Bilateral Committee, and Antonio Ortiz-Mena, president of the Technical Strategy Committee of the TMEC.

“They contribute their experience to accompany the Government of Mexico in the construction of proposals that strengthen regional competitiveness and ensure the continuity of the agreement for the benefit of Mexico,” said the business leader.

“Mexican companies have the great opportunity to position what has been done in Mexico as a strategic factor within regional integration, providing regional quality and content to trilateral value chains,” he said.

He said that the implementation of the Mexico Plan, the promotion of the “Made in Mexico” badge and the recent reforms to the General Import and Export Taxes Law open a new cycle of opportunities for Mexican industries that seek to expand their presence by being part of the North American supply chains.

“Promote what has been strengthened by the market and internal consumption, the generation of qempleos and, of course, our industrial fabric, which results in the strengthening of supply chains in the North American region,” he said.

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“A few months ago, we delivered to President Claudia Sheinbaum of the seven strategic actions that the Comce has undertaken to join the Mexico Plan, with concrete initiatives to boost value chains, relocate investments and project Mexico as a reliable and competitive partner in the global economy,” he said.

He mentioned that this context offers new opportunities for Mexican companies in strategic sectors.

He explained that, according to the Atlas of Economic Complexity of Harvard University, Mexico has the opportunity to earn up to 123 billion dollars in global markets in certain products, among which the production of integrated electronic circuits, sensors, equipment for X -rays, cell phones and medications packed, among others.

Based on data from the 2024 economic complexity observatory, he said that Mexico is positioned as the main exporter of semiconductors, medications, televisions and cell phones in Latin America.

“These figures speak of a Mexico with a favorable environment for the export of advanced manufacturing, reinforced by the interest of increasing the regional content of North America in our exports, so we have the opportunity to grow in our leadership as a country,” he said.


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