Monday, May 29, 2023

Mexico, the best place to invest in the world: Bio Papple

Mexico “is the best place in the world to invest,” stressed Manuel Rincón, general director of BioPapple, who added that “Mexico’s economy is very good, we have not increased debt, no increase in taxes. , we’re growing above three percent. So, we’re good, very good.”

Interviewed upon his arrival at the National Palace, where a group of businessmen will meet privately with President Andrés Manuel López Obrador this afternoon, the company leader remarked that the federal president has made sure there are ample opportunities to invest in the country.

“I think it’s the best place in the world to invest, Mexico, of course, first of all because of our geopolitical position, we’re in the right neighborhood, at the right time, we’re neighbors to the United States “When the United States come into conflict with other regions such as Asia, Mexico is poised to solidify that size as the number one trading partner and create many opportunities”, said the businessman.

When asked if the so-called “superweight” is good for the country, the General Director of Bio Papal, who is part of the group of business advisors to the President of the Republic who met with President López Obrador, insisted that our currency The strength of is a reflection of several factors:

“Primarily from the belief that Mexico has, it’s very important when President López Obrador arrived, in 2018, many people believed that the dollar was going to go up to 30 pesos, 40 pesos, we have at 17.50 dollar, it’s good for the country, it’s a reflection, it has a positive effect for sources of information, it affects exports a little, but in general it’s good for the country, it’s definitely good for and it’s important to remember the financial crisis that we experience every six year period, we haven’t had a crisis and we’re not going to have one, Mexico’s financials are healthy, so we’re going to look at that in that sense making very good progress.

Rincón stressed that even against corruption there are results, there are resources to invest and progress is being made in the country.

When asked about the political climate of the presidential succession, he said: “I am only a businessman, the truth is I will not comment on that, I can comment on economics, business.”

Nation World News Desk
Nation World News Desk
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