The competition for the presidency of Coparmex has begun, and the process is expected to conclude by the end of November to choose between Juan José Sierra Álvarez and Jorge Ramírez Hernández. Sierra has received strong support from partners in his registration, showcasing his previous experience as national vice president of Business Centers and Federations.
In another sphere, the visit of a delegation from India to Mexico, led by Finance Minister Nirmala Sitharaman, has highlighted the attention and support that the Asian country provides to its local industries, especially in the pharmaceutical sector. India has offered valuable lessons on how to promote and strengthen national industries, from which Mexico can learn.
On the other hand, lower economic growth is expected next year, given the uncertainty generated by the elections in the United States. Despite this, it is anticipated that paused projects will reactivate, boosting the issuance of corporate bonds and economic activity, especially in sectors such as automotive and electronics.
BBVA Mexico remains active in various financial segments, with structured financing projects and bond issuance aimed at driving economic growth. The importance of reducing the carbon footprint is also highlighted, with sustainable initiatives such as green-labeled emissions and credits for environmentally responsible projects.
In the healthcare sector, the importance of strengthening the local pharmaceutical industry is mentioned, following the example of countries like India that have managed to export medicines globally. Supportive government policies, infrastructure, and trained human resources are key to fostering a strong and competitive health sector.
Finally, the 30th anniversary of S&P Global Ratings in Mexico is highlighted, providing rating and assessment services to various entities to inform investors and the general public about their financial situation.
