What was the transition of ProMéxico to the Ministries of Economy (SE) and Foreign Affairs (SRE) like? A report by the World Trade Organization (WTO) provides the following answer. To begin with, ProMéxico, the federal agency for export and investment promotion, was closed in 2019. Its competencies were
Esteban Moctezuma Barragán, Mexico‘s ambassador to the United States, highlighted the implication of the U.S. Inflation Reduction Act in the productive integration of North America. «There are very clear, very concrete and very encouraging signs of the direction we are taking in that sense,» said Moctezuma Barragan at
Mexico‘s Business Coordinating Council (CCE) believes that a new regulation on double-trailer trucks is required and raised some considerations. «They wanted to introduce an initiative; I think it affects competitiveness and the environment. There are no trucks because of the chip, they would have to make double trips
The three airport groups operating in Mexico, Grupo Aeroportuario Centro Norte (OMA), Grupo Aeroportuario del Sureste (ASUR) and Grupo Aeroportuario del Pacífico (GAP), are majority-owned by Mexican national capital. In general, foreign investment in Mexico may not exceed 49% of the capital of the concessionaire companies. However, according
President Andrés Manuel López Obrador (AMLO) affirmed that the U.S. government wants to avoid, as Mexico does, a dispute settlement panel for certain energy policies carried out by Mexico. «When it was thought that there were going to be conflicts over the consultation on energy matters, we informed,
Mexico‘s Ministry of Economy appointed this Friday Luis Abel Romero López as Undersecretary of Industry and Trade, replacing Héctor Guerrero. In Mexico, industrial policy is detailed in the 2019-2024 National Development Program and the 2020-2024 Sectoral Program for the Economy. Both programs place special emphasis on the need