Milestone FDI will reach US$30 billion in 2016

The Minister of Economy, Ildefonso Guajardo Villarreal, calculated that FDI will be worth nearly US$30 billion by the end of this year, after the results from the first trimester showed an inflow of almost US$7.9 billion. The amount recorded over the months of January-March 2016 has been the highest ever since this index is in use, said the Federal Officer. Mr. Guajardo disclosed that the existing agreement with Europe for the exchange of services, electronic commerce with small and medium companies, taxes tariffs, access of Mexican goods into the agri-food market, among others, will be reviewed and extended.