News

Arizona-Mexico trade relationship continues to boost border economies

ARIZONA – Mexico is Arizona’s top trading partner, accounting for about 30% of the state’s exports to foreign markets, according to an extensive ongoing study by the Eller College of Management at the University of Arizona With that in...

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New Mexico SIC signs up to co-invest alongside Brookfield infrastructure fund

NEW MEXICO – The New Mexico State Investment Council (SIC) has approved a US$50 million commitment to co-invest alongside Brookfield Infrastructure Fund IV According to New Mexico SIC, Brookfield Asset Management is currently raising...

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Nuevo León will receive an investment of US$230 million

MONTERREY – Grupo México will invest US$230 million for the construction of fuel storage infrastructure in Nuevo León and Jalisco, in order to increase the country’s energy security This investment will be used for the project’s first...

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KEPCO invests US$315 million in Sonora

SONORA – The Korea Electric Power Corporation (KEPCO) has opened a new 294 megawatt (MW) solar park in Sonora The company reported that the cost of the project was of US$315 million that will generate electricity for Canadian Solar for the next...

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Tamaulipas amounts to US$1.2 billion in FDI

TAMAULIPAS – At the end of the third quarter of 2019, the flow of Foreign Direct Investment (FDI) in Tamaulipas amounted to US$12 billion, 48% of the national total, according to the Ministry of Economy (SE) Tamaulipas ranks sixth among the...

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PORT-LAREDO operated more than US$225 billion in 2018

LAREDO – The World Trade Bridge (WTB) is the main operating structure in PORT-LAREDO, which reached a traffic of 16,000 trailers per day this year from the 14,000 registered the previous year, as indicated by executives of the same port The...

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Mexican agricultural exports reach US$28 billion

MEXICO – The value of Mexico’s agri-food exports had an annual increase of 91% in the first nine months of this year, compared to the same period of 2018, after reaching US$28 billion, reported the Ministry of Agriculture and Rural Development...

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Exports to the U.S. are being expedited

TIJUANA – The signing of the “International Garita Heavy Vehicles and Foreign Trade Corridor Agreement” will allow merchandise to be transported in a more agile manner, which will reduce waiting times at the Ports of Entry The head of the...

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The U.S. prohibits the passage of Mexican chili peppers and tomatoes

CIUDAD JUAREZ – At the end of November of this year, it will be prohibited until further notice that cross-border travelers introduce chili peppers and tomatoes from Mexico to the United States through the ports of entry The measure will apply...

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Nuevo León and the U.S. will create a new bilateral alliance

MONTERREY – The governor of Nuevo León Jaime Rodríguez Calderón met with the US ambassador to Mexico, Christopher Landau, to form an agreement on a mutual collaboration on security migration and investment The governor said that the diplomat...

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