Introduction to Key Players and Context
Claudia Sheinbaum, the President of Mexico, recently met with representatives from the Council of Canadian Business (CEC), a group comprising 170 influential leaders whose companies employ over 2.1 million Canadians. The CEC expressed their interest in investing in Mexico as part of the “Plan México,” a national development strategy focused on relocating production chains.
Who are the Key Figures?
- Claudia Sheinbaum: President of Mexico, known for her commitment to sustainable development and social justice.
- Council of Canadian Business (CEC): A prominent organization representing 170 Canadian business leaders with significant influence over the nation’s economy.
Meeting Details and Investment Interest
Accompanied by Mexico’s Secretaries of Economy, Marcelo Ebrard; Finance, Edgar Amador; and Foreign Affairs, Juan Ramón de la Fuente, Sheinbaum Pardo informed the Canadian business leaders about the benefits, opportunities, and incentives her administration offers within the framework of Plan México.
In May, the CEC had praised Mexico’s President for her active participation in the G7 Leaders’ Summit.
Mexico’s President Maintains G7 Agenda
Despite U.S. President Donald Trump’s early withdrawal from the G7 Summit due to escalating tensions between Israel and Iran, President Sheinbaum Pardo will continue her diplomatic agenda within the G7 framework.
- Scheduled bilateral meetings with Indian Prime Minister Narendra Modi, German Chancellor Friedrich Merz, and Canadian Prime Minister Mark Carney.
- Meetings with European Commission President Ursula von der Leyen and European Council President António Costa before the G7 plenary session.
- Sheinbaum Pardo will present a relevant stance during the G7 plenary session.
Trump’s Withdrawal and Canceled Bilateral Meeting
Trump’s departure from the G7 Summit was confirmed by White House spokesperson Karoline Leavitt following a dinner with world leaders due to the growing tension between Israel and Iran. Trump urged Tehran residents to evacuate the city via his social media platform, Truth Social.
A bilateral meeting between the Mexican and U.S. presidents, planned for today, was canceled due to Trump’s decision to withdraw. Sheinbaum Pardo explained the situation, stating that she understood Trump’s decision given the tense circumstances between Israel and Iran.
Conago’s Support for President Sheinbaum
The Conference of Mexico’s State Governors (CONAGO) expressed full support for President Claudia Sheinbaum Pardo, who is attending the 51st G7 Summit as a special guest in Kananaskis, Alberta, Canada, from June 10-17.
- CONAGO’s president, Marina del Pilar Ávila Olmeda, and the 32 state executives emphasized that Mexico’s participation in such forums reflects international respect and recognition of the nation and its administration.
- The statement highlighted the strategic importance of Sheinbaum Pardo’s visit to Canada and the opportunity to strengthen economic, diplomatic, and regional cooperation ties with a focus on future vision and social justice.