Mexico president-elect Sheinbaum met BlackRock Representatives.

Mexico president-elect Sheinbaum met BlackRock Representatives.

Mexico's President-elect Claudia Sheinbaum, who is set to become the country's first female leader, has recently held meetings with representatives from the world's largest asset manager, BlackRock [1]. These talks, held in a bid to foster economic growth, highlight Sheinbaum's commitment to engaging with international financial institutions.

As a highly educated individual with a Ph.D. in energy engineering [1], Sheinbaum has demonstrated a data-driven approach to governance throughout her political career. This was evident during her tenure as Mexico City mayor, particularly during the COVID-19 pandemic. While the federal government under her predecessor, Andrés Manuel López Obrador, downplayed the importance of testing and economic restrictions [1], Sheinbaum expanded the city's testing regimen, imposed limits on businesses, and publicly encouraged social distancing measures [1].

Despite her differences from López Obrador, Sheinbaum has praised his profusely and shares many of his ideas about the government's role in addressing inequality [1]. She has also expressed her support for Mexico's large state-owned oil company, Pemex, and promised to emphasize clean energy [1].

The meetings between Sheinbaum and BlackRock representatives signify a continuation of the dialogue between Mexico and the global financial sector. With over $10 trillion in assets under management, BlackRock's involvement in Mexico's economy could potentially have a significant impact on the country's economic growth [2].

As Mexicans eagerly await Sheinbaum's presidency, which begins on October 1, these meetings underscore her commitment to fostering international economic partnerships while maintaining her focus on addressing domestic issues.

References:
[1] Associated Press. (2024, June 2). Mexico elects Claudia Sheinbaum as its first female president. Retrieved from https://apnews.com/article/claudia-sheinbaum-mexico-presidential-election-profile-5f61250aaccb9f397f74ff6c7cfe9cc0
[2] BlackRock. (n.d.). About BlackRock. Retrieved from https://www.blackrock.com/corporate/en-us/about-us/default