A Key Player of Industry DevelopmentWed, 09/05/2018 - 09:13
Q: What impact has COFEPRIS’ deregulation of medical devices had on its operations?
A: Deregulation has impacted more than 2,000 products, which represents a release of MX$5.4 billion; that is, a reduction in the deregulatory box of 16 percent. For CANACINTRA, the most important element in the deregulation process is that it allows the commission to focus its resources on the attention of other regulated products, reducing the response times in the procedures to which many devices, products and medicines are subject. The prompt attention drives the development of this important industrial sector, which is strategic for the national economy because it generates exports worth US$3.6 billion.
Q: What are the biggest challenges facing the medical devices and medicines sector and how does CANACINTRA support these sectors?
A: The biggest challenge facing the medical industry is to comply with a very strict regulation that is on par with that in the most important markets worldwide. Unfortunately, not having international approval or recognition agreements on medical devices, national industrialists must face very long procedures in each country to which they intend to export. This limits the growth potential of exports. For this reason, we consider it essential to follow the roadmap proposed by ProMéxico, where medical devices are considered a strategic sector for the national industry, and to provide support to industrialists with international certifications and effective promotion abroad. CANACINTRA has carried out several commercial missions to bring the entrepreneurs of the sector closer to foreign markets, mainly with our partners in the Pacific Alliance, where we see a great business opportunity.
Q: What does Mexico need to be more competitive globally?
A: To raise the competitiveness levels in Mexico, it is necessary to work on the internal agenda: in matters of regulatory improvement, CANACINTRA has pronounced itself in favor of clear and simple rules, the digitalization of procedures and the reductionofresponsetimes.Also,theimplementationofthe regulations of the National Anticorruption System is essential to ensure transparency controls on the use and allocation of public resources, both for institutions and for private sector players that participate in bidding processes. Members of the private sector work very closely on these issues with institutions such as the Ministry of Public Administration and local authorities to establish agreements for transparent operations in which the private sector participates in public resources, such as procurement or tenders.
The strengthening of the domestic production market, based on reindustrialization, is another key element to increase national competitiveness. For CANACINTRA, the industrial policy must be articulated with monetary, fiscal and economic policies.
Q: How would CANACINTRA describe the manufacturing capabilities of Mexico compared to the rest of the world? A: The first comparative advantage is geopolitics. Currently, North America is the most competitive region in the world due to the commercial exchange that takes place between Mexico, the US and Canada, as well as with the rest of the world. In the case of Mexico, this means that it has the material and logistical capabilities to participate successfully in global value chains. Thanks to the experience acquired during the last two decades, Mexico is a leader in innovation and processes in Latin America. The north and Bajio areas add 389 first-generation industrial parks and more than 100 clusters dedicated to diverse industries, from automotive to aeronautics.
Clusters and triple helix alliances are generating high-quality and low turnover jobs to attract local talent. There is also a consolidated structure where there are certified SMEs that generate intermediate and final world quality goods. Mexico has manufacturing capacities with high added value. Also, working conditions in Mexico are a global competitive advantage thanks to labor peace and the important steps on which we have advanced.