Latest News

eCommerce: The challenge and salvation of companies

June 26, 2020 5:29 pm In Mexico, the adoption of eCommerce is an increasing curve full of learning and challenges for many companies; this is not exclusive of the current health crisis, but promises to remain and expand borders. Confinement, accessibility, and immediacy have resulted in a boom in online shopping; where the digitization of processes and new actions have… [+]

USMCA: An opportunity for the auto parts sector

June 19, 2020 6:05 pm Thanks to the USMCA to be implemented on July 1st, the new rule of origin allows the national content in automotive manufacturing to increase from 62.5% to 75%. One of the most benefited states will be Sonora; its geographical location offers the entity the opportunity to attract new auto parts companies that want to settle… [+]

KEY QUESTIONS ABOUT THE USMCA

June 12, 2020 6:00 pm Although the official text has not yet been published in the Official Gazette of the Federation, the implementation of the USMCA is scheduled from July 1st. However, there are some doubts about the changes that will take place and the way in which exporters and importers will continue to operate. Some of these questions are:… [+]

MAIN CUSTOMS CHANGES BY THE USMCA

June 5, 2020 7:30 pm On April 24th, the Secretary of Economy reported in a statement that the new Treaty between the United States, Mexico and Canada will be implemented on July 1st, 2020. The agreement contemplates some changes in customs matters compared to NAFTA and seeks to boost trade in the three countries, after the COVID-19 pandemic. These are… [+]

Mexico, the main commercial partner of the US

May 26, 2020 4:13 pm After China was displaced in 2019 as the United States’ first trading partner, Mexico has established itself as the main exporter and importer of the North American country. According to data from the Census Bureau, during the first quarter of 2020 Mexico had a joint participation of 15.3% in trade flows, the highest on record…. [+]

Automotive, construction and mining industries prepare to resume their operations.

May 25, 2020 12:30 pm While the federal government announced the restart of the automotive, construction, and mining industries, beginning on June 1st; some companies have already started preparations. On May 13th, the Official Gazette of the Federation published that these sectors are considered essential new activities in the face of the COVID-19 pandemic. It is expected that from May… [+]

CHANGES THAT AGRICULTURAL TRADE WOULD PRESENT AFTER THE PANDEMIC

May 13, 2020 5:36 pm The worldwide coronavirus outbreak will represent a before and after for all humanity. Beyond the changes in terms of health, social, psychological and economic, it also implies a commercial evolution. The Food and Agriculture Organization of the United Nations and the Inter-American Institute for Cooperation on Agriculture have warned of the need to promote international… [+]

COVID-19 SHOULD NOT HINDLE TRADE.- MIKTA

May 12, 2020 12:56 pm The foreign ministers of the five member countries of the MIKTA mechanism; Mexico, Indonesia, the Republic of Korea, Turkey and Australia, pointed out that emergency measures taken before COVID-19 should not create unnecessary obstacles to trade or supply chains. Also, they pointed out that if measures were implemented, they would stick to the principles and… [+]

Agroindustry in Mexico shows growth despite COVID-19

April 27, 2020 5:51 pm While some companies are struggling to survive the drop in sales due to the coronavirus in Mexico, agribusiness has shown growth. Mexican agricultural, livestock and fisheries production has had greater demand for products in countries such as the United States and the United Arab Emirates. Exportations of vegetables, especially tomato and avocado, as well as… [+]

China’s resurgence

April 23, 2020 4:43 pm Wuhan, the city where the COVID-19 outbreak occurred, has come back to life.  “I am so excited, I want to cry,” said a woman in the Chuhe Hanjie Pedestrian Mall. The woman, who identified herself by the English name Kat, claimed to be a teacher at the eastern city of Nanjing. Between 70% and 80%… [+]