LATIN AMERICA & THE CARIBBEAN: A Legal Guide for Business Investment and Expansion - Mexico

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1. What role does the government of Mexico play in approving and regulating foreign direct investment?

In Mexico, the regulation of foreign investment is entrusted to the National Congress, which is the only authority legally empowered to issue laws on that matter. The Ministry of Economy is responsible for their implementation and execution, as well as for the coordination of mechanisms to comply with any regulations on this matter.

Despite the fact that Mexico is a Federal Republic, composed of states with their own state government; foreign investment is a topic within the exclusive authority of the Federation. The states do not have any legislative authorities to regulate foreign investment, being exclusively allowed to participate in its promotion, fostering and execution...

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