Mexico has a diversified export basket, according to a report by the World Trade Organization (WTO) and the International Finance Corporation (IFC). Among its exports are products as varied as melons, hats, guacamole, cars, stoves, silver, handicrafts, tequila and pork. As small as ornamental fish and as large
Approving China‘s entry into the WTO was a mistake, declared Joseph Barloon, nominee for Deputy U.S. Trade Representative to the WTO. «Admitting China to the WTO was a mistake. The fundamental incompatibility between authoritarian non-market systems and free-market democracies presents ongoing challenges,» Barloon told a Senate hearing in
Tariffs in the United States put pressure for greater compliance with the USMCA, highlighted the Mexican Business Council for Foreign Trade, Investment and Technology (Comce). In 2024, Mexico exported products for 505.9 billion dollars to the United States, of which only 49% were made under the benefits of
Greenfield projects in the extractive industries slowed down in 2024, UNCTAD reported Thursday in its annual investment report. In case there is any doubt, here is the answer to the question of what greenfield projects are: they are a form of Foreign Direct Investment (FDI) in which a
The United States, Singapore and Hong Kong occupied the top positions among the most FDI-attracting economies in the world, according to the ranking prepared by UNCTAD for 2024. As a starting point, foreign direct investment occurs when a person or company from one country invests in a company
The recommendations of the Comce for Mexico to face the challenges related to global disruption were included in a document that the organization released on Wednesday. At the same time that Mexico faces local challenges such as fighting corruption and poverty, reducing informality and improving jobs and education,