As part of his working trip in Paris, France, the Secretary of Economy, Ildefonso Guajardo Villarreal, participated on March 23, in a series of meetings to mark the economic promotion and impulse of investment in Mexico, where he detailed the major progress in implementing structural reforms in Mexico and highlighted the interest of President Enrique Peña Nieto to consolidate relations with the French economy.
The Secretary Guajardo Villarreal met with the crew of the Organisation for Economic Co-operation and Development (OECD) to assess the state that keep the projects between the Secretariat of Economy (SE) and the OECD. A review of progress in the projects on Competition and Regulatory Reform was made, as well as the organization of the Ministerial Meeting of Digital Economy in 2016, of which Mexico will host.
At the meeting with Matthias Fekl, Minister of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad, the Secretary Guajardo discussed the business relationship and mechanisms of economic cooperation between the two countries, as well as areas of opportunity to increase bilateral trade and investment flows. The meeting was also attended by the Ambassador of Mexico in France, Agustín García López Loaeza.
Finally, the Secretary Ildefonso Guajardo met with representatives of companies in the automotive and aviation sectors (Renault and Airbus), in order to promote and encourage investment projects in Mexico and promote the collaboration for the development of supply chains between the two countries.
In the aviation sector, Mexico is the 6th parts supplier to the US and has 300 companies in 18 states of Mexico, generating more than 45,000 skilled jobs. United States, Canada, Germany and France are the main trading partners of Mexico in this field.
In 2014, Mexico was the 4th exporter of vehicles (light and heavy), only surpassed for the exports made by Germany, Japan and the United States, and was also ranked as the 7th producer worldwide, producing more vehicles that countries like Brazil, Spain, Canada and Russia.