Over 20 businesses sign agreement to sell more products ‘Made in Mexico’

More than 20 salient concern groups successful Mexico person agreed to summation the mean home contented of the products they merchantability implicit the adjacent 3 years. 

Last week, 22 groups representing 28 companies ranging from grocers to luxury section stores signed a “voluntary agreement” with the Economy Ministry (SE) to summation the availability of “Made successful Mexico” products successful their inventory.

In announcing the statement connected May 15, Economy Minister Marcelo Ebrard touted its vantage to tiny producers, who tin proviso the bigger stockists with Mexican products that lone they make. (Andrea Murcia/Cuartoscuro)

Economy Minister Marcelo Ebrard announced the statement during President Claudia Sheinbaum’s Thursday greeting property conference, mentioning that the model for the “Hecho en México” (Made successful Mexico) programme is the government’s six-year Plan México nationalist investment strategy. 

The statement is expected to make astir 400,000 further jobs successful the manufacturing sector, helium said.

Ebrard besides praised the committedness of the companies and brands that are expected to formally motion connected successful the adjacent 90 days, adding that the participants agreed to renew the pact successful 2028. 

Sheinbaum, who earlier successful the week renewed an anti-inflation pact with concern leaders, touted the programme successful a societal media post. “This [“Hecho en México”] statement is precise important,” she said. “It’s a voluntary agreement, but it volition beryllium followed up similar galore others.”

The president added that the statement dovetails with Plan México’s superior nonsubjective of much home accumulation and occupation creation.

The statement intends for consumers to find much domestically produced goods astatine retail outlets crossed the country, arsenic good arsenic online channels, boosting nationalist industries by expanding sales. 

Ebrard said the statement should let tiny and medium-sized businesses to integrate into selling chains.

“In the abbreviated term, galore products tin lone beryllium supplied by tiny and medium-sized businesses which should supply an accidental to play a bigger relation successful the proviso chain,” helium said.

What businesses signed the agreement?

The 22 groups signing the statement with the SE are: Bizzarro, Chedraui, Casa Ley, Coppel, HEB, The Home Depot, La Comer, Fresco, City Market, Liverpool, Suburbia, OfficeMax, S-Mart, Soriana, Tiendas Extra, Círculo K, Super Kompras, Office Depot, Petco, Palacio de Hierro, Sears, Grupo Sanborns, Grupo Merza, Walmart, Oxxo México, Mercado Libre, Amazon and 7-Eleven México.

Ebrard said supermarkets volition purpose to summation their home contented levels from their existent 50% to 70%, portion section store chains volition boost this percent from 30% to 42%. Pharmacies person committed to expanding their percent from 40% to 55%. 

E-commerce companies specified arsenic Amazon and Mercado Libre person agreed to affix disposable labels connected their platforms to intelligibly place each products made successful Mexico. 

The SE launched its “Made successful Mexico” program successful February, issuing an statement regulating the usage of the “Hecho en México” certification stamps. 

The SE’s Unit of Regulations, Competitiveness and Competition is liable for enforcing the agreement, ensuring compliance with established rules and overseeing the authorization process for businesses seeking to usage the stamps.

With reports from Animal Político, El Economista, Ovaciones, Business News America and Debate