Mexico Automotive Review 2019/20

Page 18

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NEW ADMINISTRATION FACES SHIFT IN TRADE STANDARDS GRACIELA MÁRQUEZ 12

Minister of Economy

Q: What will be the Ministry of Economy’s guiding

and Programa para la Productividad y Competitividad

principles during the current federal administration?

Industrial (PPCI). We are confident that innovation will

A: The Ministry of Economy is responsible for generating

help us close inequality gaps created in the past decades.

wealth and increasing the well-being of all Mexicans, both of which are also the main objectives of President López

The second pillar – diversification – is essential to promote

Obrador’s administration.

exports of goods and services of all productive fields in the country, integrating those sectors and regions that have

Mexico closed the second decade of the 21 century with

been left out of global market participation. Investment

a trajectory of low growth rates and enormous regional,

in logistics, easier paperwork and the provision of market

sectorial and social disparities. Over the past 12 years,

information will be the springboards that help national

the country has averaged annual growth of 2.1 percent,

producers participate actively in international trade.

st

of which 69 percent originates with foreign companies, while national businesses contributed 31 percent. Mexico

The third pillar that we will boost is inclusion, which

still must take advantage of its close ties to the global

means promoting collaboration of marginalized regions

economy and at the same time strengthen its productive

and population segments in high-productivity activities.

force. In other words, the virtuous combination between

The combination of these strategic pillars will allow

the global economy and the domestic market will help

us to contribute to the country’s growth and to the

the country find the path to sustained, sustainable and

consolidation of our strengths according to our industrial

inclusive growth for the coming years.

calling and cultural identity.

Our objective is not only to reactivate growth at high

We will articulate a real industrial policy through collaboration

and sustained rates but to do so with a focus on solving

between the conjunction of the national industry, society and

existing inequalities. This means generating wealth

the government, which will increase the well-being of the

without leaving any social sector, production segment

national population. The greater challenge is to close the gap

or region of the country behind.

between regions and between segments of the population.

We have set three main pillars that will guide our policies:

Q: What is the ministry’s strategy to strengthen the

innovation, diversification and inclusion. These pillars

automotive industry while helping the local market

are not mutually exclusive; they complement each other.

to recover?

We are in the middle of the fourth industrial revolution,

A: The automotive industry in Mexico is globally

which is changing the way we understand production

competitive. The country’s sixth position in vehicle

of goods and services. The challenge is to adopt these

production and fifth in auto parts manufacturing are proof

technologies inclusively to benefit the entire population.

of that. In addition, over the past decade, the country has achieved several records, mostly in vehicle exports.

Innovation is key for our economic policy. We are convinced that only by adapting to and adopting new

Today, we enjoy a modern and productive infrastructure

technologies, will we be able to produce new goods

for automotive goods that complies with international

and services based on an efficient, competitive and

standards. The foundations that have boosted the sector

productive supply chain that integrates national added

will be reinforced during this administration. Mexico has a

value. The Ministry of Economy will support innovation

solid regulatory framework, a broad network of free trade

through programs such as Programa para el Desarrollo

agreements, a privileged location, as well as competitive

de la Industria del Software y la Innovación (PROSOFT)

production costs in workforce and logistics.


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