Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican business leaders to sign investment pact with president

Mexican business leaders will sign a pact with President Andres Manuel Lopez Obrador on Thursday to foster investment, Mexico’s top business association said, potentially heralding an improvement in sometimes tense relations between the two sides.

The Business Coordinating Council (CCE) said in a statement the accord to promote “investment and inclusive development” would be inked in Mexico City in the presence of cabinet ministers and business leaders.

Lopez Obrador, a leftist who has shunned foreign and private investment in some sectors, caused fury among influential business figures by canceling a partially-built new $13 billion airport for Mexico City . . .

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