MGSN has been covering the strong global position that Mexico has established.
Mexico in general and Mexico City in particular is well placed to capture global business opportunities.
Mexico City is fast becoming a well-placed North American tech startup city. It is strategically close to Silicon Valley and Mexico is a trading partner with Canada and the USA in the T-MEC trade agreement.
Mexico’s membership in the Latin American Integration Association (ALADI) positions itself as the potential conduit for Startups throughout Latin America that are seeking growth on the global stage. ALADI offers a unique networking and trade platform for young entrepreneurs.
South Korea sees these opportunities and actively pursues a strong Free Trade Agreement(FTA) with Mexico. In a recently concluded Business Development meeting with Mexico’s Mexico’s Foreign Secretary Marcelo Ebrard, South Korea’s Minister of Foreign Affairs Park Jin stressed the value of enhanced investments both in current projects in the energy and infrastructure sectors of Mexico, and the opportunities in contract manufacturing and the robust startup infrastructure.
Cornering the Startup market in Mexico is a solid strategy. The development process matures as the Startups across South America gravitate to Mexico City.
As highly tech-developed countries experience declining birth rates and restricted immigration policies, the South Korean bilateral FTA strategy will drive global Business Development.