Latin America’s Second Largest Economy Focuses on the Power of the Digital Economy

LATIN AMERICA’S SECOND LARGEST ECONOMY FOCUSES ON THE POWER OF THE DIGITAL ECONOMY

April 13, 2016

On April 13, 2016, GCEL held a series of strategic sessions in Mexico City with senior representatives from government, industry, and academia to launch the Mexico Trade Efficiency Assessment, the first step toward deployment of the Digital Economy Platform.

Participants included representatives from CONCANACO, CONCAMIN, COPARMEX, CAAAREM, COMCE, Mexico’s Ministry of Finance, Ministry of Economy, and the Monterrey Institute of Technology and Higher Education (ITESM).

Discussions focused on enhancing Mexico’s trade competitiveness through digital technologies that improve efficiency, transparency, and access to international markets.

Given that nearly 83% of Mexico’s exports are directed to the United States and Canada, the initiative highlighted the importance of expanding trade opportunities and diversifying export markets to support sustainable economic growth.

The adoption of advanced digital tools can help reduce trade costs, strengthen global market access, and support Mexico’s long-term economic development objectives.