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64% of SMEs in Mexico would benefit from the digital chapter of the USMCA

July 17, 2020 6:50 pm Unlike NAFTA, the USMCA contains a new chapter on eCommerce, with which small and medium-sized companies would benefit the most. These businesses represent 64% of Mexican companies and 70% of the country’s total employment. This new Chapter 19, seeks to promote transparency and promote border eCommerce. According to the Latin American Internet Association (ALAI) this… [+]

Retail in times of the coronavirus

July 13, 2020 12:08 pm Without a doubt, the COVID-19 pandemic came to change the world we have always known, and many industries have had to adapt, change and evolve to continue operating. Retail is not an exception. It has become an indispensable industry, specifically supermarkets and convenience stores. An example is H-E-B, the chain that in January was ranked… [+]

We provide first class maritime service

July 2, 2020 1:11 pm Sea ports are spaces that make possible to link and exchange goods through the sea. Being vital in order to achieve the success of foreign trade, guaranteeing the timely delivery and receipt of products from thousands of brands. Mexico is a country surrounded by the sea, which makes it one of the giants of maritime… [+]

eCommerce: The challenge and salvation of companies

June 26, 2020 5:29 pm In Mexico, the adoption of eCommerce is an increasing curve full of learning and challenges for many companies; this is not exclusive of the current health crisis, but promises to remain and expand borders. Confinement, accessibility, and immediacy have resulted in a boom in online shopping; where the digitization of processes and new actions have… [+]

USMCA: An opportunity for the auto parts sector

June 19, 2020 6:05 pm Thanks to the USMCA to be implemented on July 1st, the new rule of origin allows the national content in automotive manufacturing to increase from 62.5% to 75%. One of the most benefited states will be Sonora; its geographical location offers the entity the opportunity to attract new auto parts companies that want to settle… [+]

KEY QUESTIONS ABOUT THE USMCA

June 12, 2020 6:00 pm Although the official text has not yet been published in the Official Gazette of the Federation, the implementation of the USMCA is scheduled from July 1st. However, there are some doubts about the changes that will take place and the way in which exporters and importers will continue to operate. Some of these questions are:… [+]

MAIN CUSTOMS CHANGES BY THE USMCA

June 5, 2020 7:30 pm On April 24th, the Secretary of Economy reported in a statement that the new Treaty between the United States, Mexico and Canada will be implemented on July 1st, 2020. The agreement contemplates some changes in customs matters compared to NAFTA and seeks to boost trade in the three countries, after the COVID-19 pandemic. These are… [+]

Mexico, the main commercial partner of the US

May 26, 2020 4:13 pm After China was displaced in 2019 as the United States’ first trading partner, Mexico has established itself as the main exporter and importer of the North American country. According to data from the Census Bureau, during the first quarter of 2020 Mexico had a joint participation of 15.3% in trade flows, the highest on record…. [+]

Automotive, construction and mining industries prepare to resume their operations.

May 25, 2020 12:30 pm While the federal government announced the restart of the automotive, construction, and mining industries, beginning on June 1st; some companies have already started preparations. On May 13th, the Official Gazette of the Federation published that these sectors are considered essential new activities in the face of the COVID-19 pandemic. It is expected that from May… [+]

CHANGES THAT AGRICULTURAL TRADE WOULD PRESENT AFTER THE PANDEMIC

May 13, 2020 5:36 pm The worldwide coronavirus outbreak will represent a before and after for all humanity. Beyond the changes in terms of health, social, psychological and economic, it also implies a commercial evolution. The Food and Agriculture Organization of the United Nations and the Inter-American Institute for Cooperation on Agriculture have warned of the need to promote international… [+]