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Saturday, July 2, 2022

AMLO in Yucatan to meet with U.S. official, business leaders

Business summit with U.S. leaders meant to assure investors

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The Hyatt Regency hotel in Merida, Yucatan. Photo: Courtesy

Merida, Yucatan — For the second time since taking office, President Andres Manuel Lopez Obrador will visit Yucatan today. His itinerary is packed.

The visit is to participate in a binational meeting between Mexico and the United States on economic matters. It is also intended to defuse U.S. President Donald Trump’s threats to close their shared border.

The president will meet with investors and business representatives from both Mexico and the United States. Executives from both countries are expected to sign a private-sector agreement.

The purpose of this agreement is to strengthen economic and commercial ties between both countries, as well as to indicate the priorities of AMLO’s administration in matters of trade and investment.

The summit will also tackle the subject of free trade between the U.S., Mexico and Canada.

The federal chief executive will witness the signing of an agreement with Graciela Márquez Colín, Mexicos economy secretary, and Wilbur Ross, the U.S. commerce secretary.

The ceremony will take place at the Hyatt Regency Hotel in Merida at 1:30 p.m.

Among investors due to attend is Larry Fink, chief executive of the world’s largest asset manager, BlackRock Inc.

“We want the American investors that visit our country to go back home feeling confident about their investments here,” said Moises Kalach, a top executive in the CCE business lobby, which represented Mexico’s private sector at the NAFTA talks.

AMLO will also visit the municipality of Ticul to announce social programs. He will appear on the Obrera de Ticul’s baseball field at 4 p.m., according to an announcement.

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