How the current situation in Guerrero affects international Business

How the current situation in Guerrero affects international Business:

The President of the CONCANACO affirmed that the Local cameras of commerce of Guerrero, had report economic affectations. If the problems with the violence doesn’t stop, the local and the national economy will decay.

Guerrero as it is one of the most famous states of Mexico, for the tourism it generates, and one of the biggest states in terms of foreign investment (tourism). Guerrero also has the port of Acapulco, so the coastilne is really economically important for the country.

Bur the current situation in Guerrero is quite complicated, it’s been more than a week than students in the mass Graves, went through a night of shootouts, in Iguala, Guerrero, authorities believe that 3 students died last night, but 43 of them are missing, days later they found 28 remaining bodies burned in gasoline.

This among lots of homicides, kidnappings, ranking Guerrero among the highest criminal activity states.

These developments are giving a bad reputation in the European Countries. Germany canceled the signing of a business treaty with México.

Since the mass kidnappings and the mass graves discovered, U.S. department of security has updated a Mexico Travel Warning, which means is a call upon all Americans

to rather not be in Guerrero, by exception of the cities of Acapulco, Zihuatanejo, Ixtapa, but the visitor are advised to proceed with extremely caution.

Federal police has taken over 12 towns in the Guerrero, for uncovered links between the local police, and organize crime, the current situation has spread all over the news putting not only the state, but Mexico at the eyes of the world scaring all investors and any potential investment here in Mexico, as for Guerrero, business are very likely to start failing because of the lack of tourism, the political and social insecurity and instability, besides that investment in Guerrero specially goes to primary and secondary economic activities such as, farming, fishing, mining, etc.

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