Mexico Showcases its Economic Assets to MEB Members

Around sixty decision-makers gathered on Wednesday, November 20, at Castelroc restaurant for the "Business Destination" conference hosted by H.E. Ms. Blanca Elena Jiménez Cisneros, Ambassador of Mexico to France and Monaco. As Latin America's second-largest economy with a population of 129 million, the country offers numerous opportunities for investors. 

The Mexican barbajuans served at the end of the conference delighted the audience. While some might call it sacrilege, it was undeniably a success for the taste buds, conceived by  Castelroc in collaboration with Monaco's Mexican-flavored establishment Sexy Tacos to illustrate the multiple possibilities for bringing the two countries closer together, even in unexpected ways.

H.E. Ms. Jiménez Cisneros opted for a more economics-focused presentation. After a brief overview of the key indicators of Latin America's leading export power and the United States' primary supplier, the ambassador highlighted the many advantages Mexico offers to investors. 

Starting with its membership in the Canada-United States-Mexico Agreement, which opens up the vast North American market, and its position as the world's ninth-largest recipient of foreign direct investment, with one-third coming from Europe.

Mexico boasts a young and well-educated population, quality infrastructure, and a strategic geographic location. This situation has given rise to a major regional project, the Isthmus of Tehuantepec Interoceanic Corridor, which aims to compete with the Panama Canal through a railway and road networks connecting the ports of Coatzacoalcos on the Atlantic side and Salina Cruz on the Pacific side.

Ms. Jiménez Cisneros also discussed other major projects in solar energy, raw materials, and a railway line intended to develop the Yucatan region, the "Maya Train."

Following her presentation, numerous questions from the audience highlighted the interest generated by this "Business Destination." The discussions revealed potential collaborations, such as using Monaco as a platform for Mexican companies looking to expand into French-speaking Africa, where the Principality maintains strong networks. This example, among others, reinforced the idea proposed by Guillaume Rose, Executive General Director of the MEB, to organize an economic mission to Mexico in 2025 or 2026.

Photos Credits : MEB / P.H. Sébastien Darrasse