Mexico would need the implementation of an industrial policy to take advantage of T-MEC
Without an industrial policy, the Mexican economy will not exceed an average annual growth of 2.5% or the 2020 recession despite the new treaty between Mexico, the United States and Canada (T-MEC), the Institute for Industrial Development said Tuesday. and Economic Growth (IDIC).
Given the entry into force of the agreement on July 1 and the coronavirus crisis, the Mexican government must strengthen the industry so that the country attracts investments from other countries and substitutes imports, argued José Luis de la Cruz, director of the IDIC.
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