PHOTO: El Universal
If the North American Free Trade Agreement (NAFTA) ends, the states at greatest risk will be Aguascalientes, Baja California, Coahuila, Chihuahua, State of Mexico, Guanajuato, Jalisco, Morelos, Nuevo León, Puebla, San Luis Potosí, Querétaro, Sonora and Tamaulipas, warned Aregional, a consulting firm for economic analysis and public finance for states and municipalities in Mexico.
According to El Universal newspaper, the exports of these fourteen states would decrease 8% and their gross domestic product
(GDP) would drop 5% since about 70% of their exports goes to the United States.
According to Erika Peralta, Competitiveness and Urban Development Coordinator of the Aregional firm, foreign direct investment in the states will decrease.
Given this scenario, she assured that Mexico should restructure industrial and commercial policy.
“We are not prepared at a national level. We are failing both in innovation and technological development, entrepreneurship, and business promotion, in quality employment, sustainability, business financing, access to higher education and infrastructure,” she concluded.
Source: eluniversal.com.mx
Comments
more recommended stories
Is keeping COVID-19 land travel restrictions between Mexico and the US a smart move?What a dumb move to keep.
Mexico’s agri-food trade balance reached a surplus of 4.22 billion US dollars between January and MayThe value of Mexico’s agri-food exports.
Murder of a woman connected to police officer gunned down in MeridaMÉRIDA, Yuc., July 24, 2021.- The.
American firefighter celebrating his wedding anniversary found dead in CancunAn investigation is underway into how Arlington.
AMLO calls Cuba an ‘example’President Andrés Manuel López Obrador said.
Alert for “invasion” of snakes during the rainy season in YucatanMÉRIDA, Yucatán, (July 24, 2021).- Snakes are.
Man who set himself on fire downtown Mérida finally diedMÉRIDA, Yucatán, (July 24, 2021).- On.
You left as a hero who loved his job: girlfriend of the murdered copMérida, Yucatán, (July 24, 2021).- Alejandra.
The Mérida City Council, an important ally to attract investment to MéridaMérida, Yucatán, (July 24, 2021).- Mayor.
So far this year, Yucatan has already exceeded the figure of total Covid infections registered in 2020Mérida, Yucatán, (July 24, 2021).- In.
Leave a Comment