Breathe
By Sofía Pérez Gasque Muslera
The upcoming revision of the Mexico-United States-Canada Agreement (T-MEC) has brought to light an inescapable reality: the lack of solid unity among business organizations in Mexico and the United States. Although there are links between the business leaders of both countries, they are not sufficient to represent the diversity and complexity of the economic sectors involved. This business fragmentation represents a significant obstacle to trade negotiations and limits Mexico's ability to defend its interests.
In Mexico, the Consejo Coordinador Empresarial (CCE) is the most representative organization of the private sector, but there are other business associations that group together specific sectors. This plurality, while enriching the debate, makes it difficult to consolidate a common position in the face of the challenges posed by the T-MEC. In the United States, the situation is similar, with a multiplicity of chambers of commerce and business associations representing different interests.
The absence of a unified business voice has direct consequences for trade negotiations. By not presenting a united front, Mexican companies may find themselves at a disadvantage compared to U.S. companies, which have a greater degree of coordination. This lack of unity can result in lost investment and trade opportunities, to the detriment of the Mexican economy. It also generates uncertainty among investors and affects confidence in the Mexican economy.
To ensure the success of the T-MEC and make the most of the opportunities it offers, it is essential to strengthen unity among business organizations in both countries. This involves establishing stronger coordination mechanisms, fostering the exchange of information and experiences, and developing a common agenda that addresses shared interests and challenges.
Broadening representation is also crucial. It is necessary to ensure that all companies, regardless of their size or sector, have a voice in trade negotiations. This is the only way to ensure that the interests of Mexican companies are properly represented and that the T-MEC becomes an instrument to boost economic growth and development in both countries.
Business unity is a key factor for the success of trade negotiations and for strengthening the economic relationship between Mexico and the United States. By consolidating a common position and working together, Mexican entrepreneurs can contribute to creating a more favorable business environment and take advantage of the opportunities offered by the T-MEC.
Business organizations in Mexico and the United States must commit to working in a more coordinated and collaborative manner. This is the only way to ensure that the interests of Mexican companies are duly represented in the trade negotiations and that the T-MEC becomes an instrument to promote economic growth and development in both countries.
The opinions expressed are the responsibility of the authors and are absolutely independent of the position and editorial line of the company. Opinion 51.
Comments ()