MEXICO'S VIEW OF NAFTA MOVING FORWARD

By ANDREA JARAMILLO  –  Cronkite Borderlands Initiative 7 hours ago Mexico is facing something it never thought would happen: the possibility that North American Free Trade Agreement that shaped the country’s economic policies over the last two decades, might disappear. But just as some Mexican officials try…

MEXICO VAT TAXES TO BE REFUNDED TO MAQUILADORAS

The Mexican tax authority has begun accepting applications from maquiladoras for certification that will ease the burden of a tax reform law that took effect Jan. 1, 2014. Applications may be submitted at various times during the year depending on where in Mexico the maquila…

REVERSE C-TPAT

    U.S. Customs and Border Protection soon may issue a proposed rule on a new cargo security program for exports that could create headaches for agricultural exporters. Begun in late 2001, the Customs-Trade Partnership Against Terrorism was initially implemented in response to a Congressional…

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)

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…

OBAMA POLITICS WITH TOMATOES COULD START TRADE WAR WITH MEXICO

FROM THE PRODUCE NEWS by Joan Murphy | October 01, 2012 A final decision by the U.S. Department of Commerce to terminate the suspension agreement for Mexican tomatoes will reopen a dispute between the trading partners, result in a loss of jobs on both sides…

MEXICO IS LOOKING BETTER THAN IT HAS IN A LONG TIME

Article by Mark Mobius  Chairman of Templeton Emerging Market Funds as published in the Business Insider Elections come and go, but the real test of a candidate might be whether the promises made on the campaign trail are actually put into place. Enrique Peña Nieto…