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
The peso closed the session with little change compared to the close of last week, showing a depreciation of 0.18% or 3.0 cents, trading around 20.62 pesos per dollar, with the exchange rate trading between a minimum of 20.5613 and a maximum of 20.7883 pesos per dollar. During
The share of Chile’s exports to Asia as a percentage of total exports increased from 54.9% in 2019 to 57.8% in 2020. Meanwhile, the proportion of exports from Chile to North America decreased from 17.0 to 16.2%, comparing the same years, according to data from the Chilean government.
Alpek announced on Monday that it formed a new joint venture with ContourGlobal for the construction of a CO2 capture and liquefaction plant. The plant would be integrated into ContourGlobal’s cogeneration facilities in Altamira, Mexico (CGA). Each company would hold a 50% stake in the alliance. Overall, the