Mexico's Sheinbaum proposes national security vetting for foreign investment

Mexico's government, under President Sheinbaum, proposes amending the Foreign Investment Law to include the Secretariats of Defense, Navy, and Security in the National Commission for Foreign Investments and to add national security as a criterion for approving foreign projects. This marks a shift toward greater state control and securitization of foreign investment, potentially deterring capital inflows. The proposal is at an early legislative stage, with details and passage uncertain.