Doing Business At Mexico A Largest And Most Open Economies

Doing Business in Mexico Mexico is one of the largest and most open economies in the world. It has only a handful of strategic sectors or industries not yet open to private investment. Mexico is forecasting an economic growth rate between 2% and 3% over the next fiscal year so it is important to understand the different aspects of what is involved with doing business in Mexico. Basic geographical information, cultural diversity, and proper business etiquette will all play a large role in business operations. Mexico is bordered by the United States to the north and Belize and Guatemala to the southeast. Mexico is about one-fifth the size of the United States. Baja California in the west is an 800-mile peninsula that forms the Gulf of California. In the east are the Gulf of Mexico and the Bay of Campeche, which is formed by Mexico s other peninsula, the Yucatà ¡n. 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