economic

Sheinbaum Meets BlackRock CEO Larry Fink; Discusses Public-Private Investment in Mexico

| Sheinbaum (2024–)

President Sheinbaum met with Larry Fink, CEO of BlackRock — the world's largest asset manager with approximately $11.6 trillion under management — on April 8. Sheinbaum said they discussed mixed public-private investment projects and that BlackRock expressed continued interest in investing in Mexico. No specific agreements, amounts, or project details were announced. The meeting sparked controversy because the unconventional gas extraction plan announced the same day led some commentators to question whether foreign investment pressure had influenced the energy decision. Sheinbaum categorically denied this, stating on April 9 that 'BlackRock did not influence the decision' on unconventional gas, which she said was driven purely by energy sovereignty concerns.

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