Canada’s Alberta Premier Danielle Smith has suggested that the country consider pursuing bilateral trade agreements with both the United States and Mexico. This comes as the three countries prepare to review and potentially renegotiate the Canada-United States-Mexico Agreement in 2026. Smith believes there is an imbalance between the three nations, citing a significant trade surplus […]
Mexico must pay $47 million to Canadian firm Lion; court refuses to reverse ruling on Nayarit investment case
A court denied Mexico’s request to reverse an award that obliges it to pay 47 million dollars to the Canadian company Lion Mexico Consolidated. This investment fund claimed that it did not receive fair and equitable treatment in the conflict surrounding an investment that it started in Nayarit, so it filed a claim in 2015, […]
Canada Raises Concerns Over Mexico’s Trade with China as NAFTA Talks Loom
Canadian Prime Minister Justin Trudeau expressed concerns about Mexico’s increasing trade with China during the Asia-Pacific Economic Cooperation summit in Peru on Saturday. With a possible renegotiation of the North American trade agreement looming, Trudeau emphasized that there are “concerns around the level of Chinese investment in Mexico” that need to be addressed. Despite these […]
The Rise of Online Sales: How Catalog Sellers in Mexico Are Embracing Chinese E-commerce Platforms
In recent years, door-to-door saleswomen in Mexico have been instrumental in fueling the growth of Shein, a Chinese e-commerce platform. These saleswomen, mostly low- or middle-income housewives over 45, have incorporated Shein’s products into their offerings, often selling them to their customers at a markup. According to industry insiders, six out of ten catalog sellers […]
Fuckup Nights Return to Playa del Carmen
Prominent entrepreneurs from Playa del Carmen have announced the return of Fuckup Nights, an event where notable figures from the local private sector share lessons learned from their professional failures. Event Details This edition will feature Jaime González, president of the Mexican Association of Real Estate Professionals (AMPI) Playa del Carmen and founder of One […]
Mercado Libre Enhances Affiliate Program in Mexico
More than six months after its last update, Mercado Libre has announced an increase in commissions for its affiliate program, allowing members to earn up to 24% commissions for each sale in various categories. “This improvement significantly expands income opportunities, enabling affiliates to benefit from each interaction with their followers. Additionally, the program offers a […]
Cozumel Will Strengthen Sister Port Partnership with Miami to Strengthen Tourism with that City
Cozumel aims to strengthen its sister port partnership with Miami to foster tourism exchange between the two cities. To achieve this, Mayor José Luis Chacón Méndez met with Eric Olafson, Director of Port Miami’s commerce division. The meeting aimed at establishing a sister port partnership to facilitate information exchange and promote potential cooperation opportunities. Both […]
The most influential economists in Mexico 2024
The work of economists is more indispensable than ever, especially in the current scenario of global geopolitical and economic changes, uncertainty, accelerated technological advances and climate change. Mexico, which recently began a new six-year term led by President Claudia Sheinbaum Pardo, will be able to face challenges such as: achieving a balance in public finances, […]
Royal Caribbean announces multimillion-dollar investment in Mahahual for 90-hectare tourism development
Royal Caribbean announced on Wednesday an investment of more than 600 million dollars to develop the Perfect Day Mexico concept in Mahahual, which consists of an exclusive tourist development of 90 hectares for tourists who disembark from their cruises in the south of Quintana Roo. It will be similar to the Perfect Day Coco Kay […]
‘Made in Mexico’ trade controversy is provoking another kind of border war
Mexico’s robust trade with the United States has led to a surge in logistics activity, with companies like Maersk building out their capacity to handle historic trucking volumes. The trend is driven by the use of the USMCA (United States-Mexico-Canada) Free Trade Agreement, signed into law by former President Donald Trump as a replacement for […]