There are four factors why Mexico is expected to become an important trade partner not only for Kansas City Southern but also for the U.S. economy, according to Pat Ottensmeyer, KCS' chief marketing officer. Those factors are: 14 free-trade agreements with 45 countries; low labor costs; 50% to 80% cost savings in transportation expenses; and $10.2 billion in foreign direct investment so far this year that mostly focuses on manufacturing, Ottensmeyer explained.
KCS: 4 factors make Mexico a promising trade partner
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