The United States maintains an open investment regime, with Foreign Direct Investment (FDI) inflows expected to reach $285 billion in 2022, up 26% year-on-year. For decades, the United States has benefited from being one of the world’s largest recipients and individual providers of FDI. U.S. President Joe Biden
The Mexican company Coca-Cola-FEMSA has contracted PET resin suppliers from Asian companies for its beverages produced in Mexico and Central America. To note: PET is the acronym for polyethylene terephthalate, which is a resin and a type of polyester that has excellent tensile strength and impact resistance, chemical
In 2022, Japan joined 13 other countries as the inaugural negotiating partner in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) initiative. According to a U.S. congressional analysis, this economic agreement covers selected trade issues, such as digital trade, trade facilitation, labor, and the environment, but not tariff
Australia led the ranking of the world’s top chickpea exporters in 2022, with $395 million. This product is packed with protein, fiber, healthy fats and plenty of manganese, folic acid, copper and other essential nutrients. In addition, chickpeas are a sustainable crop that actually returns nitrogen to the
Canadian Solar announced on June 15, 2023 the establishment of a solar photovoltaic module production facility in Mesquite, Texas. The plant will have an annual production of 5 GW, with an investment of more than $250 million. With production scheduled to begin in late 2023, the plant will
The United States sends a variety of commodities to food aid programs, including wheat, corn, sorghum, vegetable oils, pulses, and fortified blended foods. During fiscal 2022, the United States supplied 2 million tons of in-kind food aid with a total value of $1.2 billion, according to World Trade