Manuel Bravo highlights challenges and opportunities for foreign investment in Mexico.

Manuel Bravo, president of the Global Companies Council (CEG), finds himself in a crucial position amid a climate of uncertainty for foreign investment in Mexico. Since his appointment, he has begun to address issues that are of vital importance to the more than 60 multinational companies he represents, in a context where the upcoming presidential election in the United States could have significant repercussions for the Mexican economy. Concerns about potential changes in trade relations, especially with threats of tariffs from the Republican candidate Donald Trump, have put the business sector on alert. In a recent interview, Bravo expressed optimism despite the economic challenges facing the country. He asserts that, thanks to the resilience of the Mexican economy, both 2024 and 2025 are expected to be favorable years for the development of supply chains. However, the uncertainty generated by U.S. politics, particularly in the context of the elections, has led some business leaders, such as Elon Musk, to reconsider their investments in the country. Bravo emphasizes the importance of waiting for election results before making forecasts about the future of foreign investment. One of the most relevant topics Bravo addressed is nearshoring, a phenomenon that has allowed many companies to relocate their supply chains closer to their main market, in this case, the United States. According to him, Mexico has experienced a significant increase in investment from global companies, surpassing $52 billion during the current administration. However, he also recognizes that it is essential to work on areas such as infrastructure, security, and talent development to fully capitalize on this trend. The future of the judiciary in Mexico is another central concern for Bravo and the companies he represents. The proposed judicial reform, which is expected to be approved soon, has raised concerns about its potential impact on the impartiality and professionalism of the judiciary. Bravo emphasizes that impartial and accessible justice is essential for the country's competitiveness and that any changes must guarantee judicial independence, a fundamental principle that should be prioritized in the reform process. The relationship between the Mexican government and multinational companies has been marked by controversy surrounding the ban on genetically modified corn cultivation, a ban that directly affects Bayer, the company Bravo represents. Although the issue has been addressed in other forums, Bravo has chosen to separate his role in the CEG from any specific discussion about genetically modified corn policy, preferring to focus on broader issues affecting companies as a whole. Regarding the labor reforms expected to be voted on by the next legislature, Bravo notes that the impact will vary by industry. However, he highlights that issues such as diversity, inclusion, and opportunities are areas where there is consensus between the CEG companies and the elected president, Claudia Sheinbaum. This alignment of interests could facilitate the advancement of policies that benefit both workers and companies. The road ahead is not easy. The electoral landscape in the United States and the upcoming administration in Mexico present significant challenges that could affect investment and the business climate in the country. Bravo maintains that the key will be how both governments manage their relationships and their ability to foster constructive dialogue that allows for mutual economic growth. Political uncertainty and the need for a solid legal framework are recurring themes in discussions about the future of investment in Mexico. Bravo and other business leaders are waiting to see how events unfold, trusting that the new governments will opt for policies that promote growth and strengthen investor confidence. Finally, the commitment of foreign companies in Mexico remains strong, despite current difficulties. Bravo concludes that the CEG will continue to work to elevate investments in the country and seize the opportunities presented by the current geopolitical context. Mexico's ability to adapt and thrive in a constantly changing world will depend on its capacity to attract and retain foreign investments and on the decisions made in the coming months.