The United States represents more than 45% of Foreign Direct Investment in Mexico, from 2006 to the first half of 2024, reaching more than 243,000 million dollars.
“For American companies in Mexico, the rule of law means a lot, which is why we are interested in asking the Mexican Congress to take the time to deliberate on one of the most crucial reforms for the country: the reform of the judiciary and the autonomous bodies,” Rubin said at the third Binational Convention of Amsoc.
If Mexico wants a robust and corruption-free judicial system, the United States must be taken into account.
Amsoc invited congressional leaders to its convention, but Larry Rubin said they were “regrettably” unable to attend.
Possible damage to the USMCA
In the case of the disappearance of autonomous bodies, the president of Amsoc warned that this could open the door to damage the T-MEC, which has strengthened the trade relationship.
“With this agreement due to be reviewed in 2026, any changes that undermine the independence of these bodies could lead to trade disputes that would hurt our economies and the mutual trust we have worked so hard to build,” Rubin said.
Larry Rubin added that it is worth the Mexican Congress taking more time to discuss these reforms. “I urge that this process not be rushed, but rather that it be developed with the seriousness that such a large-scale reform demands, taking into account legitimate concerns both domestic and international.”
He said that for the US presidential candidates (Kamala Harris and Donald Trump) what happens in Mexico is of great interest, “we have had calls particularly from one of the two campaigns with serious concerns about the changes that are about to take place.”
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