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Article

16 Mar 2020

Author:
OECD

Mexico: OECD provides information on trade and investment as part of programme to promote responsible business conduct

The OECD, in partnership with the International Labour Organisation (ILO), the Office of the United Nations High Commissioner for Human Rights (OHCHR), and the European Union (EU), has launched a four-year programme (2019-2022) to promote and enable Responsible Business Conduct in Latin America and the Caribbean (RBC LAC) in nine partner countries (Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama and Peru).

Under this programme, the OECD will contribute its expertise on Responsible Business Conduct to strengthen government policies for RBC, help business to conduct due diligence in priority sectors, and strengthen access to remedy by reinforcing National Contact Points for RBC (NCPs).

This note provides background information and data on Mexico’s trade and investment situation, with a focus on the agriculture and mining/extractives sectors. Mexico is the 11th largest economy in the world and a member of the OECD since 1994...The Mexican economy, however, faces some challenges in reaching sustained growth and improving living standards. The gap in GDP per capita relative to the upper half of OECD countries remains large, due to low productivity level...The economy is dominated by services (65% of GDP), industry with 31 % of the GDP and agriculture representing approximately 4% of GDP...