Category: Agreements

Mexico Aims to Reduce Smuggling and Increase Tax Collection

MEXICO – Tax collection for foreign trade operations at the Mexican customs during the first semester of the year had a reduction of 17% compared to the previous year, according to official data This situation was a warning sign for the...

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New agreement with US allows Mexico to meet water obligations

MEXICO – The federal government announced that it had reached an agreement with the United States to settle Mexico’s water debt to its northern neighbor Mexico and the United States have to send water to each other under the terms of a...

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Mexico remains as the U.S.’s main trading partner

MEXICO – Total trade between Mexico and the United States amounted to US$337 billion between January and August 2020, making the country the largest US trading partner in 2020 According to data from the US Census Bureau, US trade with Mexico...

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Mexico should make ‘immediate’ water payments to U.S.

EL PASO - Time is running out for Mexico to pay a large water debt to the United States, and that is making Texas officials nervous "In a letter to minister of State Mike Pompeo, Texas Gov Greg Abbott emphasized Mexico owes a year’s worth of...

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Renters Request Relief

A group called “Nosotres Baja California” has filed a citizen petition with the Baja California state legislature requesting rental relief, including prohibiting evictions and stopping all rent increases during the COVID-19...

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Baja California Creates Controversial Own Tax Collection Agency

By Wendy Fry The Baja California state legislature approved the creation of a local tax administration services agency that will have the authority to pressure taxpayers and conduct home visits and audits on businesses The newly-created body...

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President Trump signs 4 pipeline permits in Midland

MIDLAND - President Donald Trump visited Texas for a campaign fundraiser in Odessa, followed by a tour of an oil rig in Midland at Double Eagle Energy The President addressed members of the oil and gas industry at Double Eagle Energy There, he...

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COVID-19 decreased 32% of foreign trade revenues

CIUDAD JUAREZ — Due to the COVID-19 pandemic, during May Ciudad Juarez Border Customs received almost US$44 million less in foreign trade than it did during the same period of 2019 According to data from the Tax Administration Service...

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Exports grew 760% with NAFTA

MEXICO – Thanks to the North American Free Trade Agreement (NAFTA), Mexican exports diversified and grew almost eight times According to data from the National Institute of Statistics and Geography (Inegi) and the Bank of Mexico, in 1994, when...

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U.S. Supreme Court Blocks Elimination of DACA

The Supreme Court blocked the Trump administration’s attempt to end Deferred Action for Childhood Arrivals (DACA), an Obama-era program that protects from deportation to hundreds of thousands of immigrants brought to the US as children The...

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