Concerns Over Judicial Reforms in Mexico Stir Uncertainty for US Investors

Concerns Over Judicial Reforms in Mexico Stir Uncertainty for US Investors

This Tuesday, September 3, the United States Ambassador to Mexico, Ken Salazar, warned that If judicial reform is not done well, it can cause “a lot of damage” in the relationship between both countries.

By the way, American companies in Mexico halted investment announcements for the country in view of the possible implications of the reforms being processed by Congress, and promotes Andres Manuel Lopez Obradorto elect judges by popular vote and the disappearance of autonomous regulators, revealed this Tuesday Larry Rubinpresident of the American Society of México (Amsoc).

At a press conference, Ken Salazar was questioned about the iImpact of judicial reform on the relationship between Mexico and the United States and explained that there is no interference in Mexican sovereignty, but there is concern.

“Judicial reform is a decision of the Mexican government and We respect the sovereignty of Mexico; I agree that reforms must be made to Strengthening justice; if they are not done well it can bring a lot of damage in the relationship.

“I say this not only as an ambassador, I say this for all the concerns “I’m getting messages from people who really want the best for the United States,” he said.

We have concerns And by mentioning concerns, it is not that we are in any way taking away Mexico’s sovereignty, we respect that sovereignty but these concerns come to me from many sides and it is important that those who are going to make the decisions know these concerns.”

Ken Salazar refutes Claudia Sheinbaum’s claims

After spending 30 minutes praising the importance of the relationship with Mexico and the legacy of Abraham Lincoln and Benito Juárez, Ken Salazar denied the statements of the president-elect, Claudia Sheinbaum and its future Coordinator of Politics and Government, Arturo Zaldívar on the election of judges in the United States.

There is no federal judge elected by popular vote in the United States. Judges are elected at the state level, there are few of them and we must understand that they are different systems,” he emphasized.

“I share my concerns only through dialogue that we should have as friends, partners and neighbors.”

US companies halt investment announcements in Mexico over judicial reform

For his part, Larry Rubín, president of the American Society of Mexico (Amsoc), indicated that “given the current circumstances, We have decided not to announce the huge American investment planned because we are analyzing the impact on legal certainty regarding judicial reform.”

READ ALSO: With AMLO’s judicial reform, judges will be “for the drug traffickers”: José Ramón Cossío

In a brief interview within the framework of the Third Bilateral Convention: A New Shared Futureheld in Mexico City, said that these announcements are reviewed internally. Amsoc, which represents the interests of American private capital in Mexico, together with a group of American experts, although it did not specify investment figures.

A candidate in the United States has already expressed concern about judicial reform in Mexico

The American business leader revealed that one of the two presidential candidates in the United States has approached Amsoc to express its concern regarding the impact of such important reforms on the country’s internal politics.

“One of the two presidential campaigns in the United States has expressed great concern to us about the impact of such an important reform as the judicial reform and that of autonomous bodies,” he said.

*With information from EFE, El Universal and Proceso

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2024-09-10 11:41:53

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What are the main objectives of Mexico’s proposed judicial reform under President Andres Manuel Lopez Obrador?

Mexico’s Judicial Reform: A Controversial Plan Amidst International Concerns

The Mexican government’s proposed judicial reform has sparked controversy and concerns among citizens, politicians, and international partners alike. The reform, promoted by President Andres Manuel Lopez Obrador, aims to elect judges by popular vote and eliminate autonomous regulators. However, critics argue that this move could politicize the justice system and compromise the separation of powers.

US Ambassador Ken Salazar Warns of Damaging Consequences

On September 3, 2024, the United States Ambassador to Mexico, Ken Salazar, expressed concerns about the potential impact of the judicial reform on the relationship between the two countries. During a press conference, Salazar emphasized that the reform could “cause a lot of damage” if not done well, highlighting the importance of strengthening justice in Mexico [1].

US Companies Halt Investment Announcements in Mexico

The concerns about the judicial reform have already had an economic impact. American companies in Mexico have halted investment announcements, citing uncertainty about the reform’s implications [2].

International Concerns and Opposition

The judicial reform plan has sparked opposition from various quarters. Opposition politicians, judges, and court employees have criticized the proposal, arguing that it would politicize the justice system and compromise the separation of powers [3].

A candidate in the United States has already expressed concern about the judicial reform in Mexico, highlighting

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