Mexico's Nearshoring Potential Likely To Grow As Alignment With U.S. Increases

Jan. 22, 2023 3:08 AM ETEWW, FLMX1 Comment
Markit
3.38K Followers

Summary

  • Mexican President Andrés Manuel López Obrador (AMLO) hosted US President Joe Biden and Canadian Prime Minister Justin Trudeau in Mexico City between Jan. 9 and 11 for the North American Leaders' Summit.
  • The focus on semiconductors and critical minerals during supply chain discussions emphasized the nearshoring opportunities for Mexico.
  • Mexico's strengths in attracting investment for the semiconductor industry are currently limited to the testing and packaging stages of the supply chain.

Mexico Flag

CGinspiration/E+ via Getty Images

Mexican President Andrés Manuel López Obrador (AMLO) hosted US President Joe Biden and Canadian Prime Minister Justin Trudeau in Mexico City between Jan. 9 and 11 for the North American Leaders' Summit. The main issues on the agenda and the

This article was written by

3.38K Followers
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

Recommended For You

Related Stocks

SymbolLast Price% Chg
EWW--
iShares MSCI Mexico ETF
FLMX--
Franklin FTSE Mexico ETF

Related Analysis