One of the most noticeable effects of NAFTA is the development of complex value chains that deal with the economic integration of the region. This agreement, however, has reached its peak, making it necessary to adopt new commercial exchange instruments.
In shared production North America found a successful formula for competing in global markets. The treaties reached by the presidents of Mexico, the United States and Canada at the recent summit held in Ottawa outline the route to scaling up the international competitiveness of the region and improve the performance of the three economies. In this article the prime matters on the agreed work agenda are explained.
If Bancomext has managed to endure and is now at a stage of clear expansion, it is because from inside but also from other platforms, various institutions and individuals have been watching over it. Here is a first-hand testimony on the history of the bank, undoubtedly marked by vicissitudes but also filled with evidence of a real capacity for reinvention.