Most-favored-nation (MFN) treatment is the fundamental principle of non-discrimination in the multilateral trading system. MFN requires members of the World Trade Organization (WTO) to accord to other member countries treatment at least as favorable as that accorded to their most favored trading partners. In other words, each member
Exports from the United States to Mexico and Latin America registered double-digit drops in the last five years, considering only products, not services. According to data from the Trade Representation (USTR), the United States had two of its biggest drops in its external sales to those destinations. In
The peso starts the session with an appreciation of 0.60% or 12.5 cents, trading around 20.82 pesos per dollar, with the exchange rate touching a minimum of 20.8015 and a maximum of 20.9711 pesos. Mexican peso is the most appreciated currency in the broad basket of main crosses,
The Federal Economic Competition Commission (Cofece) initiated an investigation into the mezcal market in Mexico. Mezcal is an alcoholic beverage that is obtained by distillation and rectification of musts (or juices) prepared directly with the sugars extracted from the ripe heads of the agaves, which are previously cooked
The peso closed with a depreciation of 1.64% or 33.9 cents, trading around 20.94 pesos per dollar, with the exchange rate touching a minimum of 20.5524 and a maximum of 20.9988 pesos per dollar. It should be noted that the depreciation of the peso slowed near the level
The Federal Economic Competition Commission (Cofece) authorized a concentration between subsidiaries of Toyota and Mazda in Mexico. A concentration is the merger, acquisition of control or any act by virtue of which companies, associations, shares, social shares, trusts or assets in general join that is carried out between