Mexico Repowers its Trade Links with Central America Mexico and a group of countries consisting of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua signed the Mexico – Central America Single Free Trade Agreement after three years of intense negotiations. This agreement will replace the three trade agreements that Mexico has with Central American countries […]
The essential part of a country’s economy consist of small and medium sized enterprises (SMEs) that contribute to job creation and economic output. This is evident in Mexico, where SMEs make up 35% of the GDP and contribute with 7 out of 10 formal jobs. Mexico is Online with the Internet and e-Commerce As […]
Foreign Direct Investment in Mexico is on the Rise Mexico has the possibility of receiving as much as $20 billion in foreign direct investment (FDI) in this year alone. Compared to last year’s $18.6 billion in FDI, there appears to be an increase. The Mexican economy is currently in place to remain one the world’s […]
Mexico’s National Tourism Agreement The implementation of the National Tourism Agreement signed by the Mexican President Felipe Calderon early this year aims to make Mexico one of the world’s leading tourist destinations. The Tourism Agreement coordinates work between all three levels of government, educational institutions, and the private sector. It seeks to promote tourism activities […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]