Sheinbaum • Business • Forbes Mexico

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Mexico City, (EFE) .- President Claudia Sheinbaum announced that Walmart confirmed her investments in the country, as well as her intention to be part of the ‘Mexico Plan’, which seeks to strengthen the national industry and the domestic market, before the commercial measures of President Donald Trump.

Sheinbaum held a meeting in the National Palace with the president and executive director of the retailer, Doug McMillon, and her work team, who assured him that they will keep their investments in Mexico and their integration into the president’s economic plan, as shared in a brief message in networks, without giving more details.

“We met in the National Palace with Doug McMillon, president and executive director of Walmart Inc., and his team. Confirm the investments they have in our country and their commitment to join the Mexico Plan,” the president published in her X account, along with a photograph of the meeting.

Sheinbaum’s message occurs after last week the Walmart CEO of Mexico and Central America, Ignacio Caride, resigned from the position where he had been reporting for 15 months and without the company reporting the reasons.

At the end of March, the Government announced an investment of 6,000 million dollars by Walmart of Mexico, as part of the Mexico Plan, and provided the creation of 5,500 direct jobs that are added to the 200,000 that the company already generates in the country.

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The meeting adds to the meeting that Sheinbaum held a month ago with a dozen entrepreneurs, including billionaire Carlos Slim, to dialogue about the ‘Plan Mexico’, an 18 -point strategy that seeks to reduce imports and boost national production.

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Previously, the Secretary of Economy, Marcelo Ebrard, reported that four pharmaceutical companies will invest more than 560 million dollars in Mexico, with the aim of strengthening “self -sufficiency” and the production of medicines in the country.

On June 16, Sheinbaum presented the ‘Mexico Plan’ to members of the Canadian Business Council, as part of the official tour of the president in the prelude to his participation in the G7 leaders summit.

This meeting aimed to build strategic links with the Canadian private sector and consolidate Mexico as a reliable destination for foreign direct investment amid global tensions, especially with the United States.

The ‘Mexico Plan’ was presented at the beginning of April by Sheinbaum, in response to Trump tariffs, and consists of 18 points to strengthen national industry and investment, energy and food sovereignty, and replace imports.

This strategy is the main commitment of the new government to articulate private investment with social development and sustainability, in order to position the country among the 10 most important economies in the world.

With EFE information

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