The Mexican government provides credit in the rural sector through an alliance with the Fondo de Capitalización e Inversión del Sector Rural (FOCIR). Thus, in 2020, the Ministry of Economy designed and implemented the First Call for Proposals of the UDP-FOCIR Emergency Program for Economic Reactivation. Through it,
Mexico notified the WTO in 2016 that it had two state trading enterprises as defined in Article XVII of GATT 1994. These companies operate in the energy sector; they are Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE), both of which are considered State-owned productive enterprises (SOEs).
With the continued expansion of trade in goods and the rise of e-commerce, air freight services revenue in Hong Kong has seen an overall increase from HK$54.1 billion in 2017 to HK$67.5 billion in 2022. This represents a compound annual growth rate of 4.5% over the past five
The top five suppliers of semiconductor chips to the United States in 2022 were Malaysia, Taiwan, Vietnam, South Korea, and China. From around the world, U.S. imports of these products totaled $61.671 billion, up 12.9% year-over-year. Originating in Malaysia, these purchases totaled $16.921 billion, with that nation ranking
PACCAR recorded investments of $491.2 million in property, plant and manufacturing equipment during 2022, compared with $495.6 million in 2021. Over the past decade, the company has invested a total of $7.25 billion in capital projects and R&D worldwide. These investments have significantly enhanced the operating capacity and
The U.S. government has established a system to monitor its steel imports from Mexico and Canada. A U.S. congressional analysis estimated that U.S. domestic steel production reached 82 million metric tons in 2022. Of this, 10% was exported, with over 90% of the exports going to Canada and