economy and politics

Commercial treaties: the great pending in the Ministry of Economy

Commercial treaties: the great pending in the Ministry of Economy

“The international situation is very complicated, for us to make much more noise with our trading partners -the US and Canada-, regarding such a big difference with their energy companies. This is the great slope left by Tatiana Clouthier”, considered José Antonio Salazar Andreu, an academic from the Universidad Panamericana.

Other pending, also related to the commercial part, he added, has to do with Mexico’s free trade agreements with the European Union and the United Kingdom.

Although there are others pending in the Ministry of Economy, the aforementioned issues “need a high-level decision,” stressed the also Master in Applied Economics and Business Administration from the University of Barcelona.

Termination

The work of the Ministry of Economy is related to the regulation of imports and exports, mines, foreign investment; In addition to providing certainty and laying the groundwork for the rules of the game to invest in Mexico, explained Iván Franco, founder of the consulting firm Triplethree International and analyst at Expansión.

The Ministry of the Economy, according to Franco, is the third most important in the presidential cabinet, only behind the Treasury and Foreign Relations. However, during López Obrador’s six-year term, there has been a “decoupling” of the dependency with the federal government’s strategy.

“Since the signing of the T-MEC there was a disconnection between economic policy and the government,” he lamented.

This separation has to do with an ideological issue, in which the president’s philosophy is to give more prominence to the government, taking it away from private initiative.

“If the government is more neoliberal, as in past administrations, there would have been greater coordination between the government and the Ministry of Economy.” The former secretary Clouthier is from a more “pro-company” “cut”, Franco considers.



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