·        The Law on Financial Discipline of the States and Municipalities, approved today in Congress, will promote accountability in the handling of public finances in local governments and is committed to legislation from the first day of this administration, he said.

·        He highlighted the agreement between the government and COPARMEX regarding the need to address major issues in the world of labor and social security, and to work towards achieving the rule of law and combating corruption and impunity.

·        He swore in the National Board of the Mexican Employers’ Confederation (COPARMEX).

·        Structural reforms have been the platform that has allowed Mexico to become a better country for all: Gustavo de Hoyos, President of COPARMEX.

President Enrique Peña Nieto said that the Law on Financial Discipline of the States and Municipalities, approved today in Congress, “Sends a very clear signal that Mexico is committed to having sound public finances and a solid financial system.”

As he led the event at which he swore in the National Board of the Mexican Employers’ Federation (COPARMEX), the president said that this new legal system, which will promote responsibility in the management of public finances in local governments, is a type of legislation he pledged to achieve on day one of this administration.

He thanked the deputies and senators, “For their work on the discussion and approval of this legal system.”

“This law is part of the Structural Reforms we have promoted in this administration, which have enjoyed the broad participation of the various political forces in our country and the participatory society of Mexico,” he said.

He told the members of COPARMEX: “As a government, we have the legal and constitutional obligation to implement each and every one of the reforms. And as entrepreneurs, you have the opportunity to reap the benefits of each and every one of them. Let us work together for a more productive, competitive Mexico; a country of laws and companies willing to transform themselves and our nation.”

President Peña Nieto said that in this collaboration, the government and COPARMEX agree on, “The need to address the major issues of the world of work and social security.”

In particular, he said, “We must make sweeping changes in labor justice for it to be more responsive, transparent, efficient and professional.”

He explained that this is why we have been promoting Forums of Everyday Justice, which address the workplace and other spheres with the greatest demand among the population for the justice expected of the state. “We are preparing the corresponding initiatives that will allow us to make major changes, adjustments to our legal framework, in order to have what we have called everyday justice, which will really work and ensure justice for our country,” he said.

The president also noted that another point of agreement between the government and COPARMEX is the need to “work towards the rule of law, in combating corruption and impunity.”

“Together we can achieve a fairer, more egalitarian and reliable country, where the law is enforced and respected, and where companies can grow up in an environment of legal certainty,” he declared.

“I am pleased that the main political forces present in Congress have already submitted their secondary legislation bills to implement the National Anticorruption System. There is even, he added, “A citizens’ initiative that enriches this important debate” and hoped that, “As a result of these initiatives, cutting-edge legislation will be established to combat corruption.”

He also acknowledged the participation of the private sector, “Which is undoubtedly crucial for this aim of meeting this challenge, which erodes economic growth and reduces the public’s confidence in institutions.”

“It must be said that corruption is not exclusive to the public sphere; it also occurs in the private sphere and the two sometimes go hand in hand. I therefore acknowledge the efforts in both spaces that are being made and should be made to combat this scourge of our social coexistence,” he said.

The president also thanked the men and women in the firm, the Business Coordinating Council and the agencies comprising it, who “Signed the Code of Integrity and Business Ethics, which recommends all companies in the country to adopt best practices to prevent acts of corruption.”

“This is undoubtedly a major step forward in combating corruption, and in it, we must combine our wills and make a common front in favor of the rule of law,” he said.

President Peña Nieto said that the government and the business sector have also agreed over the need to boost the productivity of our economy, in other words, “To generate more value with available resources.”

At the event, the president presented the COPARMEX Medal of Recognition and Leadership to Juan Pablo Castañón, president of this business organization during the period 2012-2015, for his leadership and the results achieved during his tenure.

IT IS ONLY THROUGH THE PLATFORM OF REFORMS THAT WE CAN EXPLAIN THE FACT THAT THE MEXICAN ECONOMY IS ACCELERATING YEAR BY YEAR: GUSTAVO DE HOYOS

New president of COPARMEX Gustavo de Hoyos Walther said that this business organization recognizes, “The political virtue of the call made about three years ago by the president to the various political expressions and civil society in general to undertake what could undoubtedly be called the most comprehensive, ambitious process of structural transformation in our recent history.”

He said that, “Today we can say without hesitation that the new foundations built then, which are in fact laws, were the platform that allows Mexico to be built as a better country for all” and reiterated that it is only through this platform, “that one can explain that the Mexican economy has steadily increased the annual growth rate of its GDP from 1.3 per cent in 2013 to 2.5 percent in 2015.”

“It would be very difficult,” he said, “without these sweeping changes, for formal employment to be on the rise and for the annual rate up to February to be in the order of 3.8 percent. It would be unlikely for inflation to be at its lowest level in nearly 40 years,  falling to levels close to 2.9 percent.”

He also thanked the president for his explicit commitment to “preserve stability as a top priority and as the basis for sustained growth and sustainable development” and for his determination to act responsibly and sensibly, by adjusting government spending.”

Gustavo de Hoyos said that members of COPARMEX, “Are convinced that there is a great deal to do and construct from here until  the end of 2018. We are betting on you, Mr. President, to ensure that the legacy under construction of a government, two legislative sessions  and the political and social leaders who have accompanied them, will increase in this and the next two years, as a result of the platform that was based on laws, yet materialized economic and social development through words, welfare and the common good.”

WE ARE CONSTRUCTING A NATION OF PROSPERITY: JUAN PABLO CASTAÑÓN

Juan Pablo Castañón Castañón, outgoing president of COPARMEX, thanked President Enrique Peña Nieto and the secretaries of state for having given the confederation its rightful place, together with business organizations, in the links between society and government and expressed his confidence that, “We are building a nation of prosperity.”

He called for the construction of a nation built on the rule of law. “Let's build a nation with a culture of legality but let's also continue building a prosperous nation,” he said.

“I am happy and it encourages me that we are continuing to work from different spheres with the same spirit and the same convictions for a Mexico of justice, peace and development for people; for a Mexico that inspires and unites us all, with each of us doing our bit,” he said.

He said that, “We have a direction, a nation we have been building in recent decades, a democratic, free, prosperous, committed, highly participatory nation. And we must remain committed to this path.  This is the path of the nation we deserve to have and are building.”