Ildefonso Guajardo Villarreal
Economist Mexico 1957–2003
29 quotes in the archive
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NAFTA will continue to regulate the relationship between Mexico and Canada.
If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico.
You cannot have an agreement... that gives a tailor's cut, a perfect handiwork, to a specific company.
There won't be a law with sanctions, but Mexicans and Mexican consumers will know how to value those companies that are loyal to our national identity and those that are not.
We can be a very natural partner as a support base for Ireland to use Mexico to enter into the North American and South American markets and for Mexico, in turn, to really take advantage of Ireland as a gateway to the European markets.
There is an old tool that has become very handy that is called strategic patience, which is do not overreact in the short-term. Take your time. See what is the underlying, real message. And then, once the reality is represented by actions, then decide how you are going to react to those actions.
The list of traceability for some automotive components needs to be rethought for new technologies to send adequate signals about the strengthening of the value chains in North America.
Since we don't use any type of currency manipulation schemes - we have a floating exchange market - we are very glad to consider any type of process that would stabilize the Mexican peso.
We have to start a process of looking at what's next after we complete the modernization effort.
Mexico's government has made a strong commitment to boosting the country's competitiveness in global trade, and the Ministry of Economy recognizes that trade facilitation is a key element in achieving this objective.
Ildefonso Guajardo Villarreal
We are willing to consider any rebalancing as long as it's through trade expansion, not through trade restriction. As long as it's about how can we buy more from each other, we're willing to work that way.