Tenaris stated that the recent energy reform in Mexico may negatively affect its Techgen subsidiary. Today, Techgen is owned by Ternium at 48%, Tecpetrol at 30% and Tenaris at 22%. With operations since December 1, 2016, Techgen operates an electric power plant in Pesquería, Mexico. As a result
The peso starts the session with little change showing a slight appreciation of 0.10% or 1.98 cents, trading around 20.60 pesos per dollar, with the exchange rate touching a minimum of 20.5805 and a maximum of 20.7061 pesos. In the wide basket of currencies, the Brazilian real ranks
Regional trade agreements (RTAs) are reciprocal preferential trade agreements between two or more partners. Globally, these agreements are permitted under the GATT and WTO and are subject to three sets of rules: Article XXIV of the GATT 1994. The Enabling Clause. Article V of the GATS. In general,
The Nicaraguan Single Window for Foreign Trade (VUCEN) is expected to be implemented no later than the first half of 2021, according to the authorities of that country. In general, the VUCEN will facilitate foreign trade operations, by simplifying procedures for pre-customs import and export permits, reducing time
Robert Bosch, Denso Corporation and Magna International ranked among the top Tier 1 suppliers in the automotive industry. Other leaders in this classification were: Aisin Seiki Co, Hyundai Mobis, Faurecia S.A., Continental Corporation, ZF Friedrichshafen AG, Aisin Seiki Co., Hyundai Mobis, Lear Corporation and Valeo S.A. Despite high
Original equipment manufacturers produced more than 74 million light vehicles in 2020, a significant reduction from the previous year, mostly as a result of the Covid-19 pandemic. The top 15 OEMs, accounting for 85% or about 63 million vehicles based on 2020 light vehicle production, were: Toyota Motor