Four Ways to Achieve and Maintain Mexican Manufacturing Leadership
The four areas that the must be addressed by policymakers to achieve Mexican manufacturing leadership are technology, knowledge, sustainability, and human resource talent. Dealing with each of these items successfully will guarantee that Mexico is at the forefront of global manufacturing. At the beginning of 2017, there were questions concerning the continued growth and sustainability […]
A new automotive assembly and manufacturing plant in Mexico will be built by the Chinese firm BAIC Group
BAIC, the Beijing Automotive Industry Company, intends to initiate a manufacturing plant in Mexico shortly in order to avoid paying the twenty-one percent duty that is charged on product that is imported by Mexico at present. The leadership of the Chinese company BAIC are is to make a public announcement regarding a future capital investment […]
Canada and Mexico Increase Lobbying for the Continuance of the NAFTA
The governors of Arizona, Minnesota, and Texas lobby for the continuance of the NAFTA, due to the benefits that their states have gained from the trilateral trade agreement. The threat to the continuance of the NAFTA under the administration of Donald J. Trump is still present. However, the probability that the United States will suddenly […]
NAFTA Renegotiation Talks Speed Up
The Canada, Mexico and the US are making efforts to make certain that the NAFTA renegotiation talks move along at an accelerated clip. This is because the three partners to the meetings are all attempting to finish the renegotiation of the accord prior to Mexico’s elections at the beginning of July. The Mexican news outlet, […]
EU-Mexico Free Trade Agreement is Updated
The EU-Mexico Free Trade Agreement that was signed in 1997 has been updated and re-engineered recently to demonstrate a commitment to greater trade and commerce between Mexico and the European Union. The announcement of the altered trade accord between the two economic parties was made on April 21, 2018. Mexico is the second largest Latin […]
Five Requirements for Importing Goods into Mexico
In order to be successful, companies that manufacture within the borders of Latin America’s second-largest economy must be knowledgeable regarding the requirements for importing goods into Mexico. Although much has been done in recent years to simplify the process, those that are importing goods into Mexico must know the applicable rule in order to avoid […]
The Protection of Intellectual Property in Mexico
The protection of intellectual property in Mexico consists of five different categories. They are: The Patent – Any person that creates an invention, an industrial design or the model of an invention has the right to exploit it for personal or company gain. However, the only way to make sure of their exclusive use is […]
Aerospace Manufacturing in Baja California is an Engine of Growth
Aerospace manufacturing in Baja California is one of the main areas of economic growth and expansion for the West Mexico state. During the years 2014 through 2017, the aerospace industry ranked 4th in the attraction of foreign investment dollars (FDI). Approximately US $208 million dollars in FDI flowed into the sector. The industries that garnered […]
Mexican Exports of Steel and Aluminum are Exempted from Duties
The value of Mexican exports of steel and aluminum to the United States is approximately US $2.8 billion at present. Recently, the Trump administration has placed duties on steel and aluminum that is imported into the United States. While steel coming into the country will be charged a twenty-five percent tax, aluminum will see a […]
Former Military Commanders Endorse the NAFTA
Former commanders of the U.S. Northern and Southern Commands endorse continued participation in the NAFTA by citing the importance of the agreement to the nation’s national security. Read the text of the message below: The Honorable Donald J. Trump The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Letter to President Trump on […]