Businesses are concerned that authorities, in an effort to enforce the law, have become the country's biggest extortionists. "If we want security authorities... we need an effort in the budget that we are not seeing," stated Juan José Sierra. Coparmex says the Electoral Reform is unnecessary, the best electoral reform is not to have one... we generate only 6% of formal employment... 72,000 formal jobs were created throughout the year, only 197 jobs per day when we are more than 130 million Mexicans in the country."Regarding the Judicial Reform, Mexico faces a challenge, the investment interest of Coparmex's partners remains at pandemic levels: Economic Uncertainty, Insecurity, and political instability. 2026 is marked by economic growth and that growth is in line with the spirit of the USMCA agreement," he concluded. In this sense, Governor Samuel García backed the speech of Juan José Sierra, ensuring that there should be a focus on the relationship with the United States and highlighted that, in the deficient areas of the federation, Nuevo León stands out nationally. 6 out of 10 companies associated with Coparmex do not see a good moment to invest in Mexico. The new Civil Force created with the private sector is a national model, it has managed to consolidate a secure state... we have the first place in formalization in the country, with 70%," he added. He assured that Coparmex partners have stopped investing and there are doubts abroad. "Emphasize the United States, I ask you to focus on Texas, it is giant and we are two hours away, it only brings economic benefits... Nuevo León thanks to its private initiative has the best police in Mexico."We are concerned about the excessive extortion in the country, it has the economic sector on its knees. In this reality, we have several irregularities on the side of our trading partner, which is the United States. Our goal is to attend to 100,000 SMEs by 2029, when we turn 100 years old," he added. Sierra criticized that, with problems in security, labor informality, and little job generation, the main conversation in the presidential environment is the upcoming Electoral Reform and the ravages of the Judicial Reform."Thank you, Juan José Sierra, your speech helps me with the message I want to direct... we are facing such a volatile situation, some endogenous causes like the case of the United States, but some are in our hands, we should move the hornet's nest as little as possible," declared the governor. "The priority is not an unnecessary electoral reform," added the president of the confederation. "In the country, informality is what sustains employment in this country, 56% informality and rising... these people have no kind of benefits. The career path, the expertise, were eliminated, the accordion, the inexperience, and the amparo law, we are defenseless," he commented."Businessmen do not want us to keep moving the table with more reforms. Mainly, he pointed out that labor informality continues to grow and announced that they will intervene supporting up to 100,000 SMEs for their development. They tell us in Washington, Japan, Germany, they ask if 'their investment will be respected and if the rules will change', the worst signal we send abroad is that the rules do change and not by consensus," he added. Among other problems, he pointed out that the crime of extortion is the one that most affects industrialists, a crime that is sometimes committed by the municipal authorities themselves."The impact of exiting poverty through social programs is little, that of extreme poverty is nil. We propose and are going to participate with the General Law of the Punishment of Extortion. The mood to invest has not improved. The average lifespan of an SME in the country is 8.8 years, we can make them five times more productive," said the businessman."Of the 5.5 million SMEs only 1.6 million are formal, only one million can access credits and only 260,000 are in the banking system. In the Annual Activity Report of Coparmex NL by Roberto Cantú, the national leader of the confederation, Juan José Sierra, questioned the federal government for various federal indices. In another crossfire against the 4T, he criticized the excessive spending on social programs and pointed to the negotiation of the USMCA.
Mexican Business Leaders Sound the Alarm on Extortion and Informality
Coparmex leaders accused authorities of extortion and declared the ineffectiveness of electoral and judicial reforms. The governor of Nuevo León supported the call to focus on relations with the U.S. and combating labor informality, which has reached 56%. Business leaders are calling for the creation of safe conditions for investment.