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Mexican Minister praises Mexico's economic stability during meeting in UK

Meade praised Mexico's fiscal and monetary policies, the financial sector's strength and stability, as well as recent structural reforms, which he calls the pillars of Mexico's current economy stability.

Mexican Minister praises Mexico's economic stability during meeting in UK
25/11/2016 |21:02Leonor Flores |
Redacción El Universal
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Mexico's Minister of Finance and Public Credit (SHCP), José Antonio Meade, praised the Mexican economy's strengths during a meeting this week with British investors and analysts.

As part of a business tour in the UK where Meade was joined by the CEO of Mexico's state-owned oil conglomerate, Pemex, José Antonio González Anaya, Pemex's economic package and business plan was revealed to investors.

The meeting was organized by Prince Andrew, Duke of York who recently visited Mexico.

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Meade praised Mexico's fiscal and monetary policies, the financial sector's strength and stability, as well as recent structural reforms, which he calls the pillars of Mexico's current economy stability.

Pemex's CEO described the business opportunities that Mexico offers to British companies thanks to the sector's new regulatory framework, which allows for foreign investment in Mexico for the first time in 80 years.

Meade also met with the CEO of BP, William W. Lin, during the meeting.