Mexico Enacts a New Energy Bill On October 28th, 2008 the Mexican Congress passed by a wide majority an ambitious energy package bill that will optimize and modernize the state-owned oil company, Petroleos Mexicanos (PEMEX). Mexico Gets Kimberley Process Membership On November 3-6, 2008 Mexico was welcomed as a participant in the Kimberley Process Certification […]
Mexico is Becoming a World-Player for Near-shore Services Fifteen years after NAFTA was implemented, Mexican IT services firms have seen increasing benefits from the strong economic relationships developed between the North American trading partners. Mexico and the U.S. Expand and Harmonize Hours of Operation of Customs Facilities Mexico and the United States, through Mexico’s General […]
The Newest Mexican Pacific Coast Resort In late September 2008 Mexican President Felipe Calderon launched the construction of a large tourist resort in the Mexican coastal state of Sinaloa on the Pacific Ocean. International Trade Opportunities for California Metropolitan Areas California has a large GDP that make it ranks amongst the ten largest economies in […]
Punta Colonet Project: The New world-Class Gateway for Boosting Trade between East and West Punta Colonet project, the most ambitious single infrastructure project of Mexico’s current administration and the first major seaport built in North America in nearly a century, entails the construction of a multimodal facility located approximately 150 miles south of Tijuana, Baja […]
DR-CAFTA Textile Cumulation Provisions Entered into Force for Mexico The DR-CAFTA textile cumulation provisions were implemented on August 15, 2008, allowing textile products originating in Mexico to be used to manufacture woven apparel in Central America and Dominican Republic, and then exported to the United States duty-free. Mexico Welcomes MIGA’s Investment Promotion Instruments On July […]
Mexican Auto Parts Industry Running Strong In 2007, Mexican auto parts output reached a historical record, growing for 35 months in a row despite the slowdown in the U.S. economy. The Appeal of Mexico’s Tourism Industry Tourism is one of the most dynamic economic sectors globally and has a significant positive impact on the standard […]
U.S.-Mexico Trade by Truck has Increased 191% under NAFTA Since NAFTA came into force in 1994, bilateral trade between the U.S. and Mexico has more than quadrupled, rising from US $81 billion to nearly US $350 billion. Overview of the U.S. Tomato Industry The tomato is one of the most popular vegetables in the United […]
Mexico and China Signed Agreement Promoting Investments On May 20th Mexico and China reached an agreement on reciprocal promotion and protection of investments in a move to boost bilateral economic ties. Mexico Slashed Import Rates to Face Prices on Food Staples In recent months the increase in the international prices of energy, the rise in […]
Keeping Up with the Competition Open market policies combined with free trade agreements have substantially developed Mexico´s economy. Mexico Approves Rules To Begin Planting GMO’s Augmenting food production requires integrating the latest biotechnology into Mexico’s agricultural sector while empowering advances in research – a measure that Congress is pursuing through the recent legislation on genetically […]
North American Leaders will Meet in New Orleans The leaders of Mexico, the United States and Canada will meet in New Orleans on April 21 and 22, to review and give directions on enhanced cooperation among the three countries.
Foreign Direct Investment Continues to Grow in Mexico In the past couple years, foreign direct investment (FDI) has grown to be the third largest sector in Mexico’s economy, after oil exports and remittances. New Mexican Bioenergy Law Keeps Consumers in Mind On February 1st, 2008, Mexico published a law about Bioenergy,the first of its kind.
Food Safety: A Critical Issue Food safety continues to be an important issue for the U.S. and Mexico. Infrastructure Projects in Mexico Manzanillo-Laredo-Altamira Logistics Corridor Development Guadalajara Water Treatment Integration Project