January 2014 - Mexico’s Tax and Social Security Reform Approved

Mexico’s Tax and Social Security Reform Approved

On October 31st, 2013, the legislative process for a new tax reform culminated with its approval by the two chambers of the Mexican Congress after intense negotiations began when Enrique Peña Nieto, President of Mexico, submitted its tax overhaul proposal for congressional consideration on September 8th. The tax reform has the goals of strengthening the capacity of the Mexican state to provide a better response to the needs of the population, and enhancing the country’s macroeconomic stability.

U.S.-Mexico High Level Economic Dialogue

The United States and Mexico are both critical economic partners and strategic allies. In this regard, in May 2013 President Obama and President Peña Nieto announced the establishment of the High Level Economic Dialogue to advance strategic economic and commercial priorities central to promoting mutual economic growth, job creation, and global competitiveness.

Success Stories

  • Mexichem launches ethylene venture with Oxychem
  • Tresmontes Lucchetti Invests in Guadalajara
  • Belcorp will Build a Plant in Queretaro
  • Hirotec will Expand Its plants in Silao
  • Hexpol to Increase Capacity in Mexico

State Profiles

  • Queretaro
  • Utah

Download file: dec13-jan14