Sheinbaum Defends Judicial Reform

Mexican President-Elect Sheinbaum urges U.S. Ambassador to respect judicial reform, emphasizing sovereignty. Business groups express concerns over potential impacts on investments.

### Claudia Sheinbaum Urges U.S. Ambassador to Respect Judicial Reform, Emphasizes National Sovereignty

On August 26, 2024, Claudia Sheinbaum, the President-Elect of Mexico, called upon Kenneth Lee Salazar, the U.S. Ambassador to Mexico, to thoroughly review the judicial reform proposal and emphasized that the matter is exclusively under Mexican jurisdiction.

During a conference at her transition headquarters in Iztapalapa, Sheinbaum predicted that the judicial reform would enhance Mexico’s judicial independence. She stressed that while dialogue with the United States and other countries is crucial, particular issues like judicial reform are resolved solely by Mexicans.

“This is about ensuring Mexicans understand our decisions, especially when it comes to our sovereignty. Why doesn’t [Salazar] thoroughly review the proposal? We have met on several occasions, especially regarding investment and security matters. However, this is a sovereign decision by Mexicans,” she declared.

Earlier that day, President Andrés Manuel López Obrador stated that the U.S. Ambassador had no business commenting on Mexico’s judicial reform. He asserted that the Mexico-United States-Canada Agreement (T-MEC) should not compromise Mexico’s sovereignty.

López Obrador argued that while T-MEC serves commercial purposes, it does not make Mexico subservient to its North American partners. He highlighted that even if sanctions were imposed via T-MEC—though unlikely—Mexico’s sovereignty takes precedence over any treaty.

### Increasing Business Concerns Over Mexico’s Judicial Reform

On the same day, the U.S. and Canadian Chambers of Commerce in Mexico expressed concerns over the potential impacts of the judicial reform on investment.

The American Chamber of Commerce in Mexico (AmCham) emphasized the need to heed warnings from various sectors. “Different voices highlighting the risk is not coincidental; it echoes shared experiences and lessons,” stated AmCham, which conducted an in-depth analysis of the reform and shared its recommendations with the current and incoming Mexican governments.

AmCham found that the reform could jeopardize judicial independence, delay specialization, increase costs, and create investment uncertainty. The Chamber urged the continuation of dialogue to assess these potential consequences carefully.

Similarly, the Canadian Chamber of Commerce in Mexico (CanCham) echoed these sentiments, warning that the judicial reform could undermine certainty, transparency, and professionalism in judicial matters. CanCham expressed a willingness to engage in constructive dialogue with the current and incoming administrations to address these concerns.

### Related News Updates

**Mexican Investors Skeptical About Judicial Reform**

In the wake of ongoing judicial reforms, Mexican businesses have expressed skepticism regarding its potential impacts on the economy. Business leaders are wary that changes to the judicial structure could deter both domestic and foreign investors.

**Bilateral Relations Amid Judicial Reform**

As Mexico proceeds with its judicial reform, bilateral relations with the United States and Canada remain tense. Both American and Canadian officials have voiced their concerns, urging Mexico to carefully consider the reforms’ wider implications.

**Financial Market Reactions to Judicial Reforms**

The announcement of judicial reforms has also stirred financial markets. Analysts predict possible volatility as stakeholders await further clarity on the reforms’ implementation and impacts.

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