Economy Politics Country 2026-03-26T06:51:25+00:00

Extortion Threatens Business in Mexico

Mexico's industrial sector is suffering from state and municipal extortion, leading to economic losses and weakening investor confidence. The leader of Caintra calls for joint action with the government to combat this crime and create a safe business environment.


Extortion Threatens Business in Mexico

One of them is state and municipal extortion, a growing concern that affects the daily operations of companies,” stated Santos Reyna. They lose economy and confidence For the industrial community, these criminal acts not only represent an economic loss, but also weaken the trust necessary for investment. Santos Reyna highlighted that security and the rule of law are the foundation of all development. He warned that only when the law is applied consistently is the uncertainty that the country requires generated. Despite the complex panorama, the representative of the more than 5,200 companies that make up the chamber, 85% of which are micro, small, and medium-sized, showed his willingness to collaborate with the three levels of government to eradicate these practices. “We trust that by working in a coordinated manner we can strengthen actions to combat this crime and consolidate a trusting environment that drives the growth and well-being of all,” expressed the industrial leader. Santos Reyna reiterated Caintra's commitment to work “shoulder to shoulder” with the Federal Government and local authorities to strengthen competitiveness. To the complaints from business chambers such as Coparmex and Canaco, that of the Chamber of the Transformation Industry (Caintra) is added, whose state president revealed that extortion seriously affects industrialists. Jorge Santos Reyna reported to President Claudia Sheinbaum that 54% of companies report having been victims of this crime when transporting goods. “And nine out of ten cases involved authorities,” he detailed during his speech at the 82nd Annual Assembly of Caintra. Santos Reyna highlighted that, although progress has been made in institutional security, serious problems persist that affect the day-to-day life of industrialists. The leader of Caintra Nuevo León, who was ratified for a second term at the head of the chamber, was emphatic in presenting data that reflects the vulnerability of the productive sector. “Even so, challenges persist that require priority attention.

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