KEYPOINTS OF PRESIDENT ANDRES MANUEL LOPEZ OBRADOR’S MORNING PRESS CONFERENCE

actions will be taken. Likewise, he indicated that the government stopped collecting debts with the Airport, SAT, INFONAVIT and other agencies. On the one hand, they are seeking to support the 500 workers of the airline. Finally, he commented that it is not possible to rescue the company due to all the financial problems and debts it has, and added that work is progressing for the operation of Mexicana Airlines at the end of this year.

Energy

• Energy sovereignty: The President defended the rescue of the Federal Electricity Commission (CFE) and reiterated the continuity of energy policies after the presidential succession.

rador highlighted that 70% of the country’s water is in the southeast of the country, so the decentralization of investments is of great importance. Finally, the President pointed out that the Chancellor, Marcelo Ebrard, and the Secretary of Finance and Public Credit, Rogelio Ramirez de la O, are in charge of this new order to be able to guarantee the water supply for investments.

• Aeromar: When asked by a journalist about the bankruptcy of the AEROMAR airline, President Andres Manuel Lopez Obrador stated that it was a poorly managed company. However, the President of the Republic mentioned that the workers are being supported. Regarding the closing of AEROMAR’s operations, he commented that there are situations in which companies go bankrupt, but not the businessmen against whom legal

• Sonora - Lithium Plan: President Andres Manuel Lopez Obrador commented that it is being defined in the United States that by 2030 all cars will be electric, so it is necessary to reconvert the entire automotive industry, and this will require a strategic metal that Sonora has, which is lithium for batteries. He recalled that less than a year ago the U.S. government invested in Arizona, on the border with Sonora, for the production of semiconductors, since they do not want to depend on Asia for these chips. This means investments, it started with this plan in Peñasco for solar energy, but it can be replicated in 5 sites in Sonora. The President emphasized that he would enforce the Lithium Nationalization Law, so that battery manufacturing plants and the automotive industry can be established in Sonora. He also mentioned that in 2023 and 2024, 50 billion pesos will be allocated to Sonora, which will mean jobs and investment for Sonora.

KEYPOINTS OF PRESIDENT ANDRES MANUEL LOPEZ OBRADOR’S MORNING PRESS CONFERENCE

International

• Peru: The President was questioned regarding the transfer of the presidency of the Pacific Alliance, President Lopez Obrador stated that what happened was considered a technical, illegal and arbitrary coup d’etat. Regarding the presidency, he said that he will instruct Foreign Minister Marcelo Ebrard to notify the members of the Rio Group what can be done with the presidency of the Alliance, since he does not want to hand it over to a government that he considers spurious. The President indicated that he plans to make a trip to Colombia, Argentina, Brazil and Chile in September. Today he will speak with the President of Brazil on import and export issues and the fight against inflation.

Health

• Reasons for the ban on trans fats and transgenic corn: A reporter questioned the president about the reasons for the decision to ban trans fats. President Andres Manuel Lopez Obrador assured that the reason that led them to make this decision was to put the citizens’ health first, not prioritizing the commercial and lucrative aspects. He assured that the campaigns against junk products that affect health will continue, as well as in the case of transgenic corn. He reaffirmed that transgenic corn cannot be used for Mexican food, it can only be used for fodder. Studies continue to be carried out on the content of transgenic corn.

NUEVO LEON

After this Monday the President of the Republic, Andres Manuel Lopez Obrador, suggested that a big company could not settle in Nuevo Leon due to lack of water, the Secretary of Economy in the state, Ivan Rivas, stressed that no company has had problems due to the water in the entity and indicated that there are no risks for investments in Nuevo Leon, noting that.

The State Government administration is already developing various projects to guarantee the supply of vital liquids, both for the population and for the industry.

COAHUILA

Governor Miguel Angel Riquelme Solis presented the “Invest in La Laguna” platform, which was launched with the aim of strengthening the economic promotion work carried out in Coahuila and Durango to increase investments in the region.

Guanajuato

The tour of the Government of the State of Guanajuato to Singapore concluded successfully, where experts from the Singapore Cooperation Enterprise shared the strategies and programs that have contributed to the development and growth of their country, considered one of the most important economic powers in the world. This exchange of knowledge is intended to generate economic, technological, environmental and public policy conditions and benefits that contribute to improving the quality of life of the people of Guanajuato. With this rapprochement and cooperation, the State of Guanajuato consolidates its position as the entity with the most collaboration from Singapore, a fact that was recognized by the Mexican Embassy in that country.

San Luis Potosi

San Luis Potosi will participate in the Hannover International Fair in Germany, the largest industrial meeting and exchange event in the world, which will allow projecting the State to expand the work of exchange and investment, as defined by the Government of Change headed by the Governor of San Luis Potosi, Ricardo Gallardo Cardona, announced the head of the Secretariat of Economic Development (Sedeco), Juan Carlos Valladares Eichelmann. The head of Sedeco, announced in this context, a working tour of Governor Ricardo Gallardo Cardona to Germany and Japan, which will be a juncture to expand this purpose where not only the arrival of new companies to the State is subscribed, but the great possibility that the Potosinos enter those markets with the right foot. The entity will have a space in the Hannover Fair (the largest industrial fair in the world) that takes place in Germany annually and attracts close to six thousand exhibitors and 200 thousand visitors, from April 17 to 21, with the work of Sedeco, which will start an important work tour in different countries, “which places us as an outstanding actor in the investment and exchange destinations”, expressed the official. Valladares Eichelmann revealed that in meetings that have been held through the AMSDE (Mexican Association of Secretaries of Economic Development), routes have been opened to position the State as a protagonist in various international events, such as the one that will be held in April.

Queretaro

Marco Antonio del Prete Tercero, head of the Secretariat of Sustainable Development in the state, announced that Queretaro’s economic recovery is identified with new jobs, and he assured that during January the Mexican Institute of Social Security (IMSS) reported that it had 6,300 new formal job registrations; which, compared to the growth of 2022 on the same date, represents an increase of 50 percent. He explained that, according to projections for 2023, it is presumed that they will generate more than 33 thousand jobs, “to achieve this goal, from the State Government, Queretaro is promoted as a point for attracting investment and, in this sense, 98 billion pesos in investment portfolio have been identified that could be materialized in the coming months.” “In January 2022 we had just over 4 thousand new jobs reported by the IMSS, it is to be understood that we were still living in a pandemic situation, but for the same period of 2023, we were informed that 6 thousand 300 jobs had already been generated. Our goal is to at least surpass last year’s figure of 33,633 jobs and we are sure we will achieve it”.

Jalisco

The Government of Jalisco capitalizes on nearshoring opportunities to attract more Chinese investment. From 2018 to 2023, 22 investment projects from China have been attended, and 8 have been consolidated. This year, 5 potential new investment projects from companies in the automotive, electronics, and food sectors have been identified.

Cdmx

2022 was the best year for Mexico City in terms of Foreign Direct Investment (FDI), with a historic 10,923.3 million dollars. According to the Ministry of Economy, the city attracted the highest amount of capital possible since at least 1989, the year the federal database began. The closest date was 2001 with 10,219.5 million dollars, the other two years with the best FDI attraction were 2019 with 8,738.2 million, and 2011 with 7,507.5 million. In addition to this, in 2022 the country’s capital was also positioned as the leading entity in FDI attraction, surpassing other states such as Nuevo Leon with 4,397.3 million dollars, Jalisco with 2,894.9 million, Baja California with 1,877.3 million and Chihuahua with 1,875.9 million. The attraction of foreign capital also meant the largest amount since the administration of Claudia Sheinbaum Pardo began, with which it already surpassed in this indicator all previous local governments; in 2019 the city attracted 8,738.2 million dollars, 2020 -the year with the pandemic- 6,990.9 million, and 2021, the year in which the economic reactivation plan was implemented, attracted 5,478.6 million.

State Of Mexico

Various groups based in the State of Mexico and with a national presence announced the second march in defense of the National Electoral Institute (INE) in view of the proposed Plan B for Electoral Reform, which they consider an attack against democracy. According to Misael Romero Lagunas, general coordinator of the organization Somos Toluca Libre, the mobilization which will take place on Sunday, February 26 at the Glorieta del Aguila in Toluca, State of Mexico, will be replicated in more than 70 cities nationwide. He pointed out that Plan B of the Electoral Reform promoted by President Andres Manuel Lopez Obrador, puts democracy at risk, as it violates the effective suffrage and the work carried out by the 300 district boards proposed to be eliminated, which guarantee viable and reliable electoral rolls.