Podcast with Mexican Ambassador Francisco Suarez Davila

We have posted a podcast discussion with former Mexican Ambassador to Canada, Francisco Suarez Davila.

You can watch it here.

Amb. Suarez was introduced by our good friend Nicolas Mariscal of the Mexican business coordinating committee for social responsibility – Aliarse. Amb. Suarez is an economist by training and was with the Central Bank of Mexico and the IMF.

We discuss the fundamental need for trust for any social exchange in order for people to benefit from others and to feel confident about themselves. In Mexico, Amb. Suarez sadly notes the trust between government and business has collapsed, making it more worrisome to think about how Mexico can recover from the pandemic quickly and efficiently.

Amb. Suarez is not optimistic about this. He has been through many crises, but never one where health and economics were both negatively affected at the same time.

Michael Wright noted that if we close our fist to others, but expect to get something from them, we can’t receive it – our fingers are closed. To get, you must open your hand to give.

Born April 20, 1943 in Mexico City, Francisco Suárez holds a law degree from the National Autonomous University of Mexico (UNAM) and a master’s degree from the University of Cambridge, King’s College.

During President Peña Nieto’s electoral campaign and until very recently, he served as Secretary General of the Colosio Foundation, the think tank of the PRI. He also held the post of Vice President of the Mexican Council on Foreign Relations (COMEXI) (2008-2011).

He began his career at the Bank of Mexico where he became the General Manager of International Economic Affairs (1976-1980). He was an Executive Director on the Executive Board of the IMF (1972-1976); Financial Director at Nacional Financiera, Mexico’s industrial development bank (1980-1982); Undersecretary of Finance and Public Credit (1982-1988); and Director General of Banco Mexicano Somex, now Banco Santander (1988-1992).

For two periods, he served as a Federal Congressman (Député) and chaired the Finance Committee (1994-1997). Later, he was Ambassador of Mexico to the OECD (1997-2000), where he headed the Budget Committee.

Francisco Suárez’s extensive academic career includes teaching economic policy and international relations at the UNAM, Iberoamericana University and at the Colegio de México.

He has published numerous articles and co-authored several books. He has written a biweekly opinion column in the newspaper El Universal and served as both a member and Chairman of the Board of Trustees the UNAM.

With my colleagues Devry Boughner Vorwerk and Michael Wright, we discussed the impact of the pandemic on Mexico and the importance of collaboration between Mexico, the U.S and Canada, in line with the Caux Round Table Principles for Business on robust participation in international trade to make optimal contributions to wellbeing.