Mexico’s Ministry of Economy carried out 393 Administrative Procedures in Customs Matters (PAMAS) on imports in 2022, down from 7,483 in 2021, according to data from the Ministry of Finance and Public Credit (SHCP). The 393 revisions totaled an approximate value of 1,565.3 million pesos. The PAMAS executed
The Ministry of Finance and Public Credit (SHCP) informed about the results of the Administration and Payment Trust number 80775 (FAPA) in 2022, related to Mexico‘s customs. As background: on November 25, 2021, the FAPA was constituted, through an agreement entered into by the SHCP in its capacity
Mexico will collect 64.179 billion pesos from foreign trade operations in 2022, which represents an increase of 13.4% compared to 2021, according to data from the Ministry of Finance and Public Credit (SHCP). In order to contribute to the federal government’s goals, the annual foreign trade tax program
Condumex, a holding company that concentrates Grupo Carso‘s most important companies in the industrial sector, listed 12 of its main competitors. The dozen companies are: Yazaki, Sumitomo, Lear, Coficab, General Cable, Prysmian, Commscope and Belden; in transformers, Prolec-GE (a Grupo Xignus company), Voltran-Weg, Siemens and ABB (as well
Aleatica expects to continue construction activities on the Atizapán-Atlacomulco highway (AT-AT) in the third quarter of 2023, once the refinancing process is completed. As of December 31, 2022, 76.45 kilometers of the 77.20 kilometers of the total 77.20 kilometers of right-of-way had been released with delivery/reception certificates, leaving
Mexico has signed 55 air services agreements, including, since 2017, with Curaçao, Spain, the Philippines, Finland, Iceland, Israel and the Netherlands. It has also revised the agreements it had with Germany, Canada and El Salvador, according to information from the World Trade Organization (WTO). Mexico’s objective in signing