ACE IS KEY FOR CUSTOMS ENFORCEMENT

ACE allows for stricter Customs enforcement From The Journal of Commerce By:Susan Kohn Ross, international trade attorney | Aug 16, 2016 11:13AM EDT In the face of its recent reorganization and enhanced computer system, it was really only a matter of time before the trade community started…

CHINA AND MEXICO BEGIN GOOD TRADE RELATIONS

MEXICO CITY, Feb. 11 — The relationship between China and Mexico is at its bestmoment in history, Chinese Ambassador to Mexico Qiu Xiaoqi said Tuesday. In Latin America, Mexico is a major partner to China in the political and commercial fields,Qiu said in an interview with Xinhua On Feb. 14, 1972, the two countries established diplomatic ties with bilateral trade totalling13 million U.S. dollars that year, recalled Qiu, adding bilateral trade value reached 40billion dollars in 2013. At present, the strong bond between Chinese President Xi Jinping and Mexican PresidentEnrique Pena Nieto facilitates the development of bilateral cooperation in various fields,said the ambassador. “The two presidents signed a series of agreements and major deals to promote trade andinvestment between both sides.” The commercial area stands out in bilateral relations, said the Chinese ambassador, addinghe hopes other areas such as tourism would be promoted in the future. “Mexico is one of the most important tourist destinations for Chinese citizens. We nowneed to work together to remove some obstacles in procedures, creating moreopportunities in the processing of visas for travelers, which will benefit Mexico and China,”he said. China and Mexico signed a very important agreement in June 2013 to export to Chinatequila, which is a very typical and wonderful drink of Mexico, he said. Investments between China and Mexico will grow rapidly in the following years as bothcountries are working hard to establish a working group to promote investment andbilateral cooperation in such fields as energy, finance, infrastructure and natural resources. “I visited many states in order to promote Chinese investment in Mexico and Mexicaninvestment in China,” said Qiu. As the anniversary of the establishment of diplomatic relations between the two countriesis approaching, “we have to work harder to strengthen our relations and cooperation,” theambassador added. (Editor:DuMingming、Yan Meng)

NAFTA AND IT BRIGHT FUTURE. TWENTY YEARS LATER

  By Marc Lanthemann   Marc Lanthemann, a geopolitical analyst at Stratfor.  The 20th anniversary of NAFTA’s implementation on Jan. 1 has revived some of the perennial arguments that have surrounded the bloc since its inception. The general consensus has been that the trade deal was a…

ANOTHER TRADE WAR IN THE HORIZON

MEXICO CITY | Fri Jun 7, 2013 9:59pm EDT   (Reuters) – Mexico’s Economy Ministry said on Friday it was considering suspending preferential trade tariffs with the United States for a variety of products in a simmering dispute over meat labeling.   The disagreement stems from a 2009 U.S. requirement…

WASHINGTON IGNORES TRADE WITH SOUTHERN BORDER

Sad but true.  Out of the twenty members only one represents the southern border.  I know Commissioner Aguilar is very sensitive to trade issues and has done an outstanding job of outreach with CBP, but trade does not revolve around Washington DC.  JOA Washington —U.S. Customs…

TRADE COMMUNITY MEETS IN DC TO TALK TRADE FACILITATION AND INNOVATION

The trade community expressed optimism that business and government leaders will work together to transform trade processes and improve the pace and security of cross-border commerce during the March 6 meeting of the Advisory Committee on Commercial Operations of U.S. Customs and Border Protection in…

INDUSTRY GROUP WORRIED ABOUT NEW CBP PROPOSED MEASURES

Importers should be given a chance to contest alleged non-compliance with energy conservation or labeling standards before goods are prevented from entering the U.S., said the National Electrical Manufacturers Association (NEMA) in comments to the Departments of Homeland Security and Treasury. The proposed rulemaking would…

LAREDO TO MAKE COUNTY WIDE FOREIGN TRADE ZONE

Within the next year, Laredo officials say local custom brokers could begin operating under more flexible rules for the creation of duty-free zones that would allow more rapid shipment of goods. City staff is preparing an application with the U.S. Foreign Trade Zones Board to…

COUNTRY OF ORIGIN LABELING GRANTED EXTENSION BY WTO

By Jennifer M. Freedman Jan. 5 (Bloomberg) — The World Trade Organization gave the U.S., Canada and Mexico an extra two months to decide whether to appeal a November ruling that found American country-of-origin labeling provisions unfairly hurt agricultural commerce. The three governments now have…

MEXICO OPENS TRADE WITH CHINA

MEXICO CITY — Mexico this week made good on a trade deal with China – inked 10 years ago when China joined the World Trade Organization – by slashing tariffs on more than 200 Chinese goods. Mexico’s native shoe, textile, toy and other industries will…