LOS ANGELES, June 7, 2016 /PRNewswire/ -- Perla Global Capital Advisors is pleased to announce its commitment to economic integration between Mexico and the U.S. In a recent news article of June 3, 2016, Gillian Tett with the FT.Com|FT Magazine, discussed Enrique De La Madrid, Mexico's Secretary of Tourism visit to New York. De La Madrid, stated, "If you look at Mexican exports to U.S. some 40% of these were created with 'made in America' components. Yes. The U.S. is still importing some $315bn of goods per annum from Mexico and Exports from U.S. to Mexico have recently soared reaching $270bn per annum. That apparently leaves Mexico the 'second biggest export destination for the U.S., which support 6 Million American jobs.'"
Enrique De La Madrid also stated, "20 million Mexicans come each year for tourism and business travel-that represents $20bn expenditure." Mr. Fernando Serrano, Managing Principal & Director of Perla Global Capital Advisors, commented, "Mexico's $2.2 trillion economy has resulted in the United States' second-largest export market and third source of imports." Mr. Serrano also stated, "We have a long history of working with companies in Mexico, US and other Latin America countries, that are either in joint-ventures, capitalization or expansion into new world markets on a multitude of industry sectors." During his first two years in office, President Enrique Peña Nieto emphasized passing and implementing sweeping education, energy, financial, fiscal and telecommunication reform legislation.
In understanding "The Economics of Mexico and US," Mr. Serrano stated, "To quote Adam Smith Wealth of Nations, 'If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it, if then with some part of the produce of our own industry employed in a way in which we have some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished…but only left to find out the way in which it can be employed with the Greatest Advantage.'"
According to Pew Research Center November 19, 2015, there were 11.3 million unauthorized immigrants in the U.S. in 2014. Illegal immigrants are estimated to pay in about $7 Billion per year into Social Security (Eduardo Porter, April 5, 2005, "Illegal Immigrants Are Bolstering Social Security with Billions." New York Times). Mexicans make up about half of all unauthorized immigrants (49%) though their numbers have been declining in recent years. There were 5.6 million Mexican unauthorized immigrants living in the U.S. 2014, down from 6.4 million in 2009.
Mr. Eduardo Zepeda, Managing Director, commented, "We support the efforts of integration of these two countries and take advantage of trade agreements like the "The Pacific Alliance", which integrates Mexico, Chile, Peru and Colombia, and would allow North America continent to add a potential market of 217 million people, among the other 46 free trade agreements Mexico has signed."
About Perla Global Capital Advisors
Perla Global Capital Advisors is a worldwide investment banking advisory services firm serving the markets of USA, Europe, Asia, Latin America and Africa with origination and research office location representation in London, New York, Los Angeles, Mexico City, Paris and Singapore. Perla Global Capital Advisors has proven results, a proven track record, and a high standard of Due Diligence and Business Policy Practices within its worldwide transactional experience in over 20 key industry sectors.
Perla Global Capital Advisors, provides clients with expertise in Advisory work for Debt and Equity Capital Formation, Structured Financing, Advisory work for Merger & Acquisitions, Advisory Work for Special Situations including restructurings, spinoffs, divestitures, cross-border Joint Ventures, Leverage Buyout, Management Buyout, defense strategies for hostile takeover or friendly shareholder buyout.
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SOURCE Perla Global Capital Advisors