The Young Face of Mexico in the Global Market
This is not the old view Mexico. Almost two decades after the NAFTA was signed, Mexico is a very different country—Mexicans are more educated, more women are employed and the majority of Mexicans now belong to the middle class.
Mexico’s Key Role in North America’s Supply Chain
Worldwide trade has become increasingly fragmented as production is performed across multiple countries. The highly integrated economic ties between the U.S. and Mexico illustrate the dynamics of a 21st century supply chain as inputs cross the border multiple times accumulating value added to the good being exported and imported.
TechBA Promotes Global Success for Mexican High-Tech SMEs
TechBa, a Mexican technology business accelerator program, advises and mentors small Mexican technological business to achieve a fast growth both in Mexico and around the world. The program enhances companies innovation capabilities and supports their successful insertion to the global economy
Mexico Supreme Quality Seals an Achievement on Food Safety
As one of the world’s primary agricultural exporters, Mexico provides consumers around the globe with goods that meet the highest safety and quality standards. Mexico Supreme Quality is a program that responds to this commitment to standards by guaranteeing that fruits and vegetables have been safely produced, stored and packed.
Mexico, more than ever, is making an emphasis on having stronger trade links within its southern neighbors. As globalization continues to shrink the world, it is crucial for Mexico’s economy to keep up with other competitive countries. One of the strategies of doing so is by expanding international trade agreements.
Processed Food Industry in Mexico
Since NAFTA entered into force 17 years ago, the U.S. and Mexican agricultural and food processing sectors have become far more integrated. Therefore trade of processed food between the U.S. and Mexico has multiplied by 5.6 during this period, exceeding $12.6 billion worth of products in 2010.
Emergence of a New Competition Law in Mexico
The reform to the Federal Law on Economic Competition is meant to level the field on economic competition and will have a strong positive impact on Mexico’s economic growth.
Mexico’s Medical Device Industry Goes Global
The Mexican medical device industry has been rapidly evolving over the past few years. It has steadily grown to become an increasingly important global player in health care equipment production which has contributed to rank Mexico as the main supplier for the U.S. and the 11th largest exporter of medical equipment worldwide.
The Success of the Mexican Federal Inspection Type System
Mexico is engaged in the production of high quality agricultural goods, including meat products. The meat being processed in Mexico fulfills all requirements and complies with the regulation for domestic consumption as well as for export in the world’s highest quality meat markets.
Mexico’s Cogeneration Potential for Energy Efficiency and Investment Opportunities
Today, electric power cogeneration is considered a significant and cost-effective option for energy conservation within the Mexican economy. Mexico has an enormous potential to produce economically feasible electricity through cogeneration with a capacity up to 10,164 MW.
US-Mexico Trade Experienced a Thriving Performance in 2010
Between 1994 and 2010, trade among the NAFTA partners has tripled, reaching $878 billion. During this period, US-Mexico trade has almost quintupled, reaching nearly $400 billion last year. In 2010, economic conditions significantly improved in both countries, boosting a robust 29% growth in the bilateral trade.
The Mexican Steel Industry Shows Its Strength and Iron Will
The Mexican steel industry is seeing technical advances, continued consolidation, and increased productivity that have positioned it among the most efficient worldwide. It has also experienced a steady production recovery driven by the growth of the Mexican economy and an increase of international demand for Mexican steel products.
Golden Times for the Mining Industry in Mexico
With estimated investments of $13.1 billion between 2010 and 2012, the mining industry in Mexico reaffirms its rank as the world’s sixth favorite destination for foreign investors. In the past few years, Mexico has also been improving its mining regulatory framework and developing more attractive investment rules that have underpinned larger flows of foreign and domestic investments.
Mexico is Stepping Forward in Energy Efficiency
Mexico is strongly committed to change the way that energy is produced and consumed by implementing better public policies and adopting more efficient and environmentally sustainable technologies in order to reduce carbon emissions. In this regard, Mexico has implemented several programs aimed to reduce its energy intensity such as the efficient lighting and appliances substitution programs.
Bridging Mexico to the World by Sea Transportation Infrastructure
Maritime freight services have become a key mode of transportation to impel Mexico’s economic growth by boosting more efficiently international trade, promoting regional development and creating jobs. Mexican ports moved more than 87 million tons in the first semester 2010 alone, an increase of 25% in comparison to the same period in 2009, expanding business opportunities for sea freight services between Mexico and the U.S.
Improving Borders to Make the Most of Opening Markets
The Twenty-First Century Border initiative between Mexico and the US opens a new vision to face the current border zone challenges, which came as a result of the significant 380% growth in trade experienced since NAFTA took effect more than a decade and a half ago. It recognizes the opportunities to improve the security, efficiency and speed of the flows of goods and people and to reduce the costs of doing business between both countries.
President Calderon’s Fourth State of the Union Address
The report presents the actions taken and results obtained by the administration in the previous year. Of special importance were the relevant measures taken for the fostering of economic competitiveness and job creation along with economic and regulatory reforms.
Mexico’s Timeless Textiles Conquering the World
As a result of the world’s textile industry experiencing a substantial increase in competition throughout the last decade, Mexico has been strongly determined to fight back for the global markets.
Mexico’s President Calderon Announces 12 Measures to Simplify Procedures
As part of the actions to boost the competitiveness of the Mexican economy, on August 17, 2010 President Calderon announced twelve additional simplification measures that will eliminate unnecessary costs on procedures and regulations.
The Mexican Pharmaceutical Industry is Innovating its Future
Medicine manufacturing in Mexico has proved to be a prime investment opportunity for pharmaceutical and biotechnology companies from the entire world. Mexico’s strong intellectual property rights protection, growing market size, proximity to the U.S., and skilled pool of workers has attracted and will continue to attract tremendous foreign direct investment.