The value of Mexico‘s oil exports was 2,772 million dollars in October, a year-on-year increase of 106%, Inegi reported. Inside, this amount was made up of 2,160 million dollars of crude oil sales and 612 million dollars of exports of other petroleum products. In that month, the average
The shortage of chips contributed to the zero growth of Mexican exports of products in October, reported Inegi. During that month, Mexican foreign sales totaled 41.957 million dollars, which represented an increase of 0.01%, at an annual rate. Conversely, Mexico‘s imports totaled 44,658 million dollars and, therefore, the
With the arrival of the pandemic, the United States took a series of measures to protect supply chains, which were described in an analysis by the European Parliament. Under the $ 2.2 trillion stimulus package, the Coronavirus Relief, Relief and Economic Security Act (CARES), which became law in
The World Trade Organization (WTO) has finalized a draft text of the Agreement on Fisheries Subsidies and will submit it for consideration next week. Among its provisions, it establishes that no Member shall grant or maintain any subsidy to a vessel or an operator that practices illegal, unreported
Peruvian authorities are currently conducting several high-profile corruption investigations that have delayed six infrastructure projects in Peru. The cases are related to activities of certain Brazilian companies in the construction sector and have resulted in the suspension or delay of important infrastructure projects, which would otherwise be operational
Mercosur, whose associated states are Chile, Colombia, Ecuador, Peru, Guyana and Suriname, operates 80% of its regional trade free of tariffs. So far, Mercosur is negotiating a free trade agreement with the European Union. On this, on June 28, 2019, the parties reached an agreement in principle that