Category: Agreements

The USMCA is expected to be approved this year

MEXICO – The Undersecretary of Foreign Trade, Luz María de la Mora, recently announced that the treaty between Mexico, the United States, and Canada (USMCA) could be approved before the end of 2019 De la Mora explained that there seems to be...

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Governor of Nuevo León signs agreement to support women entrepreneurs

MONTERREY – The governor of Nuevo León, Jaime Rodríguez Calderón, signed an agreement for the strengthening of female entrepreneurs in Nuevo León, with the objective that women who lead small and medium enterprises can have access to subsidies...

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Tariffs will not affect the industry, says Index

TIJUANA – The new threat given by US President Donald Trump to increase tariffs on Mexican steel is not affecting the industry at the moment, according to Luis Manuel Hernández, president of Index, coastal zone “Any increase affects the...

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Entrepreneurs call for certainty in trade with the U.S.

MEXICO – The members of Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportación (Index) asked Secretaría de Economía (SE) to guarantee certainty in trade with the United States Businessmen expressed to the undersecretary...

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Ratifying USMCA to boost more investment

MEXICO CITY – The ratification of the United States-Mexico-Canada Agreement (USMCA) will probably encourage the flow of investment, stated Graciela Marquez, minister of Economy of Mexico After the inauguration of the 2019-2020 Regulatory...

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U.S.-China issues will benefit Baja California

BAJA CALIFORNIA – At least four Chinese companies have arrived in Baja California to explore the possibility of settling and achieve safer tariff benefits in the entity, due to the issues between the United States and China, stated the minister of...

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Mitsubishi Electric and ITESM join efforts

MONTERREY – The Japanese company Mitsubishi Electric signed a collaboration agreement with Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) in order to promote the training of students in Industry 40 Mitsubishi Electric...

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SCT analyzes new border crossing with the U.S. for US$100 million

MEXICO – The Secretariat of Communications and Transport (SCT) announced that it is working on a new border crossing between Mexico and the United States (between San Diego and Tijuana), which would cost US$100 million The undersecretary of...

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Tariffs could end the agricultural sector

TIJUANA – If tariffs were imposed on farm products, farmers would have to leave this activity, being unable to meet the costs involved, stated the minister of Secretaría de Desarrollo Agropecuario de Baja California (SEDAGRO), Manuel Valladolid...

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Mexico approves the USMCA

MEXICO CITY – The Senate of the Republic in extraordinary session ratified the USMCA agreement, with 114 votes in favor, 4 against and 3 abstentions The ratification of the United States–Mexico–Canada Agreement (USMCA) by the Mexican Senate...

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