NAFTA renegotiation presents Mexico a chance to look beyond the U.S. for growth markets: Ricardo Salinas
  • In an interview by Monocle Magazine, Mr. Salinas expresses concerns about the rise of protectionism in some countries

Mexico City, November 27, 2017 - Grupo Salinas, a group of dynamic, fast-growing and technologically advanced companies, deeply committed to the modernization of the countries where they operate, announced today that its founder, Ricardo Salinas, stated that NAFTA renegotiation presents a chance for Mexico to look beyond the U.S. for growth markets, during an interview published by the British Journal, Monocle Magazine.

Mr. Salinas expressed concerns about the rise of protectionism in some countries, like the U.S., which represents negative news for their consumers, as they will not be able to buy what they want.

He added that as a response to threats to conclude with NAFTA, México should open the country even more, for increased trade, which translates into growing income, more opportunities and a higher quality of life.

Ricardo Salinas also talked about his past experiences in business. The article mentions that his entrepreneurial capabilities presented early in his life; and now he heads Grupo Salinas, a group of companies that includes Grupo Elektra, Banco Azteca, Italika and TV Azteca, among many others, with subsidiaries across the Americas.

The article mentions that, as part of his decisiveness and willingness to take risks, Ricardo Salinas was able to transform Elektra –founded by his grandfather in the 1950s as a manufacturer of TV sets– into the cornerstone of one of Mexico’s largest business groups.

The piece describes some of Mr. Salinas’s decisions as well as his strategic vision, which lead Grupo Elektra to become a dynamic and prosperous company, with solid perspectives.

Ricardo Salinas has the firm commitment to present ideas that promote entrepreneurship, the creation of value, well-being, and progress. To read the full article please visit