(Continuation of our quarterly Mexico real estate update)
President Calderon Declares G-20 A Success
Each year the G-20 elects a President to provide over their Summit that year. President Calderon of Mexico was elected to preside over the 2012 Summit. He in turn selected the new international conference center in San Jose del Cabo as the main site for the proceedings.
The G-20 was proposed by former Prime Minister of Canada Paul Martin as a forum for cooperation and consultation on matters pertaining to the international financial system. The first Summit was in 1999.
More than 10,000, including heads of state, finance ministers and staff came to participate in the Summit. There were nearly 3,000 journalists from around the world. Los Cabos put on its best face and received rave reviews as a destination for the event
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The G-20 countries represented in Los Cabos were Germany, Saudi Arabia, Argentina, Australia, Brazil, Canada, Russia, Turkey, South Korea, The United States, France, India, South Africa, The European Union and Mexico.  Four “observer†countries also attended the meetings.
Unlike many other Summits, the one at Los Cabos was free of any major demonstrations. Local and national law enforcement officers, along with the Mexican army and navy were complimented on their work.
Mexico’s Free Trade (FTA)
In addition to the Trans Pacific (TPP) agreement signed by Presidents Calderon and Obama at the G-20 meetings in Los Cabos, Mexico has eleven trade agreements, involving 41 countries. Prior to the TPP agreement the last was with Japan. It was signed on September 17, 2004 and came into effect on April 1, 2005. One of Mexico’s primary motivations for the unilateral trade liberalization efforts of the late 1980s and early 1990s was to improve economic conditions in the country, which policymakers hoped would lead to greater investor confidence and attract more foreign investment. One of the motivations for Mexico to have other FTAs is to decrease its reliance on the U.S. as an export market and to gain access to other Global markets.
Mexico to host International Tourism event
 Taleb Rital, Secretary General of the World Tourism Association WTO) has announced that Mexico will be host for the ninety fourth WTO meeting. Campeche will be the site of the sessions; events like this one are an important part of helping Campeche real estate‘s recent growth. The announcement was made in Madrid, Spain where Mexico’s Secretary of Tourism Gloria Guevara Manzo was attending the ninety third meeting of WTO. She said, “Mexico offers a variety or attractions. These include archeological zones, colonial cities, some of the world’s best beaches and a cuisine that has been recognized by the United Nations. (UNESCO)â€
Mexico is well situated in the Region of the Americas including the U.S.A. and the Caribbean. English and Portuguese are spoken in addition to Spanish. Serbia and Egypt were among the countries that competed to host the event.
Another Successful Texas Trade Mission
Rita Sheese, President of AMPI Cozumel, and long-time leader in the Cozumel real estate industry, commented the success encountered by the commercial mission to the island, where 85 real estate professionals from the State of Texas led by Eng. Guillermo Salgado, national Vice President, and AMPI Associates in the States of Campeche, Yucatán and Quintana Roo had the opportunity to do networking and travel together to real estate developments and exchange offer and demand to attract investment and development for this active region of the country. He made an invitation for next August 27th to attend to the most important real estate event in what  real estate Americas concern which will take place in Brazil, celebrating the 50th anniversary of the Federal Real Estate Law of that country, to which real estate professionals from across the continent will attend.
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