News

Texas announces Mexico will meet water delivery

EL PASO – Greg Abbott, governor of Texas, announced that Mexico will meet its obligations to the state under the Use of the Waters of the Colorado, Tijuana, and Rio Grande Rivers (Water Treaty), which was signed on February 3rd, 1944 The...

READ MORE

Difarmer invests US$8.8 million in Coahuila

COAHUILA – The governor of the state of Coahuila, Miguel Angel Riquelme Solis, announced the arrival of Ernesto Pharmaceutical Distributor (Difarmer) to the Laguna region, with an investment of US$88 million, generating 150 direct...

READ MORE

CBP Highlights the USMCA Importance During Trade Week

MEXICO – Recently, Customs and Border Protection (CBP) hosted a four-day virtual trade week During the event, the agency highlighted the importance of the US, Mexico, Canada Agreement (USMCA) and the challenges this trade deal...

READ MORE

Walmart Builds Distribution Center

MEXICALI – Walmart de Mexico, SAB de CV, or Walmex, is building a 270,000 square feet distribution center in Mexicali, the company confirmed Bucking the trends of a global recession, Walmex has become one of Baja California’s economic...

READ MORE

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...

READ MORE

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...

READ MORE

Sonora, one of the states most affected by the COVID-19

HERMOSILLO – Sonora was one of the states with the greatest negative impact on its economy due to the premature closure of industrial sector companies at the beginning of the health contingency by COVID-19, said Gerardo Vazquez Falcon, president...

READ MORE

Germany seeks to invest more FDI in Nuevo Leon

NUEVO LEON – With an accumulated investment of US$35 billion in Mexico, German companies are looking for more presence in Mexican territory and Nuevo Leon may be one of their favorite destinations This is what Fritz Eisele Thurau, Honorary...

READ MORE

Chihuahua's new car sales continue to decline

JUAREZ – New car sales in the state of Chihuahua continue to decline due to the COVID-19 pandemic The Mexican Association of Automotive Distributors (AMDA) announced that in September of this year the commercialization of light units...

READ MORE

Christmas products manufacturing falls

JUAREZ – The economic uncertainty caused by the COVID-19 pandemic, which is being experienced worldwide, decreased the percentage of manufacturing orders in Ciudad Juarez’s factories related to the Christmas season According to Index data,...

READ MORE