Mexico proposes to OECD to turn global changes into regional development

Mexico has called on Latin America and the Caribbean to transform global changes into opportunities for regional development. The appeal was made during Mexico's participation in meetings of the Organisation for Economic Co-operation and Development (OECD).

Representing the Ministry of Economy, Undersecretary Ximena Escobedo attended the OECD Ministerial Council Meeting in Paris. The event coincided with the 10th anniversary of the OECD's Regional Program for Latin America and the Caribbean. Mexico used the platform to showcase its initiatives aimed at attracting high-quality investment, strengthening micro, small, and medium-sized enterprises (MSMEs), and promoting innovation as key drivers of regional competitiveness.

Escobedo's participation began with attendance at the 22nd High-Level Steering Group Meeting of the OECD Regional Program for Latin America and the Caribbean and the 18th International Economic Forum on Latin America and the Caribbean. The Ministerial Council Meeting serves as the OECD's primary decision-making forum at the ministerial level, gathering member states to discuss global economic challenges and set strategic priorities.

This year's discussions centered on industrial policy, competitiveness, regulatory improvement, competition, and the significance of skills and human capital in technological implementation. Escobedo was scheduled to participate in sessions covering industrial policy, regulatory enhancement, human capital development, open markets, free trade, and investment-conducive conditions. Mexico also planned to highlight actions related to the "Plan Mexico" and the "Sectoral Economic Program 2025-2030," including increasing national content, integrating MSMEs into value chains, diversifying trade, promoting strategic investment, developing regional industrial hubs, and strengthening technical and dual education. The envoy was also set to hold high-level meetings to bolster technical cooperation and collaboration in investment, industrial policy, and productive development.