The Pharr-Reynosa International Bridge is the third largest land port in the United States. According to Lilvette Santos, Director of Economic Business Development, Pharr EDC, this bridge processes more than $46 billion in foreign trade annually. The City of Pharr is conveniently located at the intersection of Highways
The Treaty between Mexico, the United States and Canada (USMCA) is the best deal that Mexico and the United States have ever made, affirmed Marcelo Ebrard, Secretary of Economy. In the framework of the U.S. Mexico CEO Dialogue and the High Level Summit between the leaders of both
Major disruptions in maritime trade in 2023 and part of 2024 have highlighted the Panama Canal and the Red Sea. Canada’s Office of the Chief Global Affairs Economist highlighted these events in a report on trade and supply chains. The global trade and investment landscape encountered obstacles such
In 2023, manufacturing in ASEAN captured more than $50 billion in Foreign Direct Investment (FDI). This amount represents 22% of total inflows to the region. The region’s sustained growth is due to several factors. First, it has an increasingly skilled labor force. Second, it has abundant natural resources.
BlackRock Latin American Investment Trust highlighted its benefits obtained through Fibra Uno and nearshoring in Mexico. According to this BlackRock-managed fund, Fibra Uno shares have benefited from offshoring, i.e. increased foreign investment and demand for industrial properties. The stock also rose following the announcement of a potential initial
The United States has increased its imports of tequila, kaoliang and other distilled agave beverages, according to data from the Department of Agriculture (USDA). From January to August, Mexico was positioned as the largest exporter of these beverages to the United States, with shipments reaching 3.501 billion dollars.