Mexico has spoken to a host of foreign companies, particularly steelmakers, in an effort to lure business from Asia to capitalize on a new North American trade deal, Economy Minister Graciela Marquez said on Monday.
She said there is a possibility foreign steelmakers could partner with or take a stake in Mexico’s Altos Hornos de Mexico . A spokesman said the Mexican company is not currently in talks.Considering Mexico’s diverse manufacturing base, Marquez said the government was interested in attracting a range of companies from across the globe.
Retelling a recent conversation with Lopez Obrador, Marquez said she pointed to the cellphone she was holding in her hand and said, “These phones don’t have to be produced in China, ... there is an enormous opportunity to produce them” in Mexico.
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