Mexico City, Mexico
Mexico City is one of the most important financial centers in the Americas. The historic centers of Mexico City and the Floating Gardens of Xochimilco have been declared World Heritage Sites by UNESCO. In addition, the city has about 160 museums, over 100 art galleries, and 30 concert halls, all of which maintain constant cultural activity during the whole year.
Why Mexico City?
The Mexican economy has recently experienced unprecedented macroeconomic stability, which has reduced inflation and interest rates to record lows and has increased per capita income.
As an export-oriented economy, more than 90% of Mexican trade is under free trade agreements (FTAs) with more than 40 countries. The most influential FTA is the North American Free Trade Agreement (NAFTA), which came into effect in 1994, and was signed in 1992 by the governments of the United States, Canada, and Mexico. In 2006, trade with Mexico's two northern partners accounted for almost 90% of its exports and 55% of its imports.
Recent political victories for protectionist economic policy in Europe and especially the United States will test Mexico’s commitment to free trade and its dependence on the United States as its largest trading partner. A visit to Mexico provides a unique opportunity to discover first-hand how a major world economy is adapting to fast changing global tendencies.