LatinNews Regional Monitor: Mexico - 18 January 2018

*Representatives of Mexico’s manufacturing sector have said that they expect that the sector will create 200,000 new jobs this year despite the reigning uncertainty over the future of the North American Free Trade Agreement (Nafta). During a sector event in Mexico City, manufacturing business leaders said that the sector exhibited positive figures in 2017 with a 2.2% year-on-year increase in activity to November 2017, and that they expect that this will continue this year even as Mexico, Canada, and the US continue to renegotiate the Nafta terms. They added that while the sector is confident that a new Nafta deal will be reached, the breakdown of Nafta could also provide Mexican manufacturers with an opportunity to diversify its export markets or concentrate on supplying more goods to the domestic market.

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