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
The Ministry of Economy appointed this Friday Alejandro Encinas Nájera as the new Undersecretary of Foreign Trade, replacing Luz María de la Mora. Alejandro Encinas Nájera holds a degree in Political Science and Public Administration from the National Autonomous University of Mexico, a master’s degree in Political Science
The major change in Mexico‘s air sector over the last five years has been the creation of a new aeronautical authority to regulate the sector, the Federal Civil Aviation Agency (AFAC), highlighted a report by the World Trade Organization (WTO). In 2019, the AFAC was created, which in
The United Nations Conference on Trade and Development (UNCTAD) ranked the five largest exporters of creative goods in the world. Since 2011, developing economies have exported more of these types of products than developed economies. Moreover, a small group of economies account for more than two-thirds of global
Horacio Duarte resigned as head of Mexico‘s National Customs Agency (ANAM). The General Customs Administration (AGA), a dependency of SAT, was until 2021 the entity in charge of, among other things, facilitating and controlling the entry (and exit) of goods into (from) the national territory, and applying the
The United States Department of Agriculture (USDA) adjusted downward its estimate of sugar production in Mexico for the 2022-2023 season. For that season, its production forecast is 6.16 million metric tons gross value (MMT-RV), a decrease of 5.7% compared to the previous cycle. What explains the adjustment? There