Archive for the ‘Mexico’ Category

Mexico Strengthens Trade Relations with Cuba through Humanitarian Oil Assistance

October 16, 2023

In a heartening display of solidarity, Mexican President Andres Manuel Lopez Obrador announced on Monday that Mexico is committed to assisting Cuba, including supplying the country with vital oil resources. Since the beginning of this year, Mexico has been regularly shipping crude oil to Cuba, with approximately 2.8 million barrels sent to the island […]

Mexico’s Auto Assembly Sector Sees Unprecedented Growth in Foreign Direct Investment

Foreign Direct Investment, Mexico, News

August 25, 2023

The International Trade Council is thrilled to spotlight Mexico’s automotive sector, which has registered a record-breaking foreign direct investment (FDI) of US$5,024 million in the first half of 2023. This milestone is not just an all-time high for a six-month span but also surpasses the previous annual record of $4,281 million achieved in 2019. Mexico’s […]

Foreign Direct Tourism Investment in Mexico Surpasses US$1.4 Billion, Reflecting Confidence in the Nation’s Appeal

Foreign Direct Investment, Mexico, News

August 24, 2023

The International Trade Council is pleased to highlight the significant strides in Foreign Direct Investment in Tourism (FDIT) in Mexico, which reached an impressive milestone of US$1.4 billion during the first half of 2023. This noteworthy achievement constitutes approximately 4.9% of the total National Foreign Direct Investment, as revealed by the Ministry of Tourism. […]

Mexico and US Seek Continued Dialogue on Trade Disputes

Mexico, News, Trade Relations, United States

December 2, 2022

The International Trade Council (ITC) acknowledges the recent proposal by Mexico’s economy secretary for further talks with the United States regarding the ongoing dispute over Mexico’s energy sector. The ITC supports the commitment of both nations to engage in dialogue to resolve their differences and avoid a full-fledged trade complaint under the U.S.-Mexico-Canada trade agreement. […]

International Trade Council Urges Dialogue to Resolve Mexico-US Dispute over GM Corn

Agricultural Trade, Mexico, News, United States

November 30, 2022

The International Trade Council (ITC) acknowledges the ongoing commercial dispute between Mexico and the United States concerning Mexico’s ban on imports of genetically modified (GM) yellow corn. The ITC urges both parties to engage in constructive dialogue to find a mutually beneficial resolution to the issue. Mexico’s President, Andrés Manuel López Obrador, has affirmed Mexico’s […]

International Trade Council Celebrates the Resumption of Mexican Avocado Imports to the US

Bilateral Trade Relation, Mexico, News, United States

February 18, 2022

The International Trade Council welcomes the decision of the United States Department of Agriculture (USDA) to lift the ban on Mexican avocado imports to the US. The ban, which was triggered by a threat to a US food inspector, had halted the primary supply of avocados to the US. The import ban had a […]

Trump Signs US Mexico Canada Agreement (USMCA)

Mexico, News, Trade Agreements, United States

January 29, 2020

The International Trade Council announces that US President Donald Trump has officially signed the US Mexico Canada Agreement (USMCA), which is set to replace the 1994 North American Free Trade Agreement (NAFTA). This new trade pact brings Trump’s campaign promise to replace the existing deal between the three countries closer to reality. The USMCA aims […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.