France boosts its presence in Mexico with investments in energy, automotive and health
France is strengthening its economic ties with Mexico by promoting investments in key sectors such as energy, automotive and health, according to the announcement made by the French ambassador to Mexico, Delphine Borione. She highlighted that “French companies maintain a strong interest in Mexico, allocating resources to modernize and expand their operations in key areas.” […]
Mexico to begin review of USMCA with Canada
The Mexican government will begin the process of reviewing the Treaty between Mexico, the United States and Canada (T-MEC) with its Canadian counterpart next week, reported Luis Rosendo Gutiérrez, Undersecretary of Foreign Trade of the Ministry of Economy. To do so, a delegation of officials will travel – headed by Gutiérrez – who will also […]
Opening value of the dollar in Mexico on October 18: peso regains ground after downward streak
The US dollar is quoted today at 19.68 Mexican pesos on average, which implied a change of 0.85% compared to the value of the previous day, when it ended at 19.85 pesos. In the last week, the US dollar has increased by 2.07% and in interannual terms it still has an increase of 12.64%. In […]
This is the price of gasoline in Mexico today, October 18
Gasoline prices depend on various national and international factors, such as the price of oil, the exchange rate against the dollar, the profit margin of gas companies, logistics costs, and even subsidies. These factors cause gasoline prices to change constantly, sometimes taking users by surprise. For this reason, government agencies such as the Energy Regulatory […]
Part of the remittances entering Mexico come from fentanyl profits
Remittances received by Mexico, mostly from the United States, have been increasing considerably, especially since the pandemic, and it is estimated that more than 7% correspond to drug trafficking profits, and in particular to the fentanyl that Los Chapitos send to the neighboring country to the north. According to the accusation in the United States […]
Energy counter-reform would cost Mexico dearly in the T-MEC
The privileged treatment of state energy companies established by the recently approved constitutional reform on strategic sectors, to the detriment of private investors, may “cost Mexico dearly” in the revision of the Mexico-United States-Canada Treaty (T-MEC) in 2026, since the counterparties could demand other advantages in exchange, analysts highlighted. “That will be an issue in […]
Mexico will not be a partner country for the Fitur 2025 tourism fair, despite what was initially planned
Mexico will not be a partner country of the 45th International Tourism Fair (Fitur), which will be held from January 22 to 26, 2025 in Madrid, despite the fact that after the previous edition it was announced that it would be the protagonist of the next edition of one of the main tourism fairs in […]
‘Mexico leaves free trade behind and moves towards regionalization’
The Ministry of Economy warned that the times when universities taught that it was best to remove tariffs and migrate to free trade are long gone, since after the Covid-19 pandemic and the war between Ukraine and Russia, Mexico is beginning to change the paradigm by leaving globalization behind and moving towards regionalization. “From what […]
Mexico can be a leader in chip industry, says CCE
In the process of relocating production chains, Mexico’s position in different industries such as the automotive industry stands out, and it has the possibility of becoming a global leader in the microprocessor sector, estimated Francisco Cervantes Díaz, president of the Business Coordinating Council (CCE). “We are doing quite well in the microprocessor sector… we are […]