Calls for Investment at the U.S.-Mexico Border

The new coordinated border plan proposed today by the U.S. Chamber of Commerce touched on five areas: Trade, Infrastructure, Travel, Immigration and Security.

The public and private investment in such a program is needed to create a 21st century U.S.-Mexico border that will allow both countries to be secure and to compete in the global economy, the report said. Read more about the need to invest the U.S.-Mexican border here.

In Four Years, Mexico Has Received $90 Billion USD in FDI

The State News Service reported in early 2011 that during the 29th Plenary Meeting of the Mexico-Japan Business Committee, President Felipe Calderon, accompanied by Patricia Espinosa Cantellano, Secretary of Foreign Affairs, and Francisco Javier Mayorga Castaneda, Secretary of Agriculture, said: "During my four years as president, our country has received nearly 90 billion dollars in foreign direct investment. And this has happened precisely because Mexico has or represents a great opportunity of success for firms investing in our country. Indeed, this growth of investment has also enabled us to grow and create jobs."

President Calderon also stated that, "The Mexican economy offers wonderful conditions for investment," explaining that, "This is due to Mexico's enormous advantages, such as, for example, its strategic geographical position, particularly in a global economy such as the one we have today."

The point is, he said, "That we are working to make government an effective ally of investors."

Mexican stocks rise, overcome weak U.S. data

According to marketwatch.com, Mexican stocks edged higher on Wednesday, overcoming earlier losses that followed a weaker-than-expected report about durable-goods orders in the U.S., Mexico’s largest trading partner. Despite this report, in the first quarter of this year alone Mexican economic activity expanded by 4.6%. Also, investors in Mexican assets will watch for Friday’s central-bank meeting, where policy makers are expected to leave the benchmark interest rate unchanged at 4.5%.