Doing Business In Mexico
1. What is the current business climate in your
jurisdiction including major political, economic and/or legal
activities on the horizon in your country that could have a big
impact on businesses?
Mexico is an open economy guaranteeing access to international
markets through a network of free trade agreements, with limited
restrictions to trade. The country possesses a strategic
geographical location, competitive costs to service global markets,
as well as a highly-skilled, young workforce.
Mexico has a very interesting demographic bonus on its own, and
the international treaties to which it is a party give access to
1,350 million potential consumers. The nearshoring and
friendshoring phenomena have a huge beneficial impact for the
Mexican economy. México has had important macroeconomic
stability, which is expected to continue, a good consumption rate,
and real growth in its minimum salary, which results in an
important consumption power.
