fDi Markets Newswire:

Mexico is the ninth largest economy in the world and the top trading nation in Latin America. No country in the world has signed more free trade agreements: Mexico enjoys bi-lateral accords with 32 countries, including the two biggest markets in the world: the US and the EU. Altogether these countries make up a preferential market of about 850 million consumers and this number is set to increase when current negotiations for an agreement with Japan are completed.

Much of the FDI in Mexico is attracted by the country’s strategic location in North American Free Trade Agreement, which has positioned it as a springboard to the US and Canada. Other attractions are competitive production costs and a young, skilled workforce together with political stability and an open economy. As a result, the number of foreign companies established in Mexico has risen to more than 16,000. The opportunities for investors are numerous, particularly in sectors such as automotive, electronics, ICT, agribusiness, chemicals and pharmaceuticals, biotechnology, financial services, water and power generation.

As part of the Mexican government’s campaign to attract FDI, the 44 overseas offices of the Mexican Bank for Foreign Trade (Bancomext) operate as trade commissions offering advice and assistance to potential investors.

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