The ITA between Mexico and the European Union will impose restrictions on Pemex and the Federal Electricity Commission (CFE), as well as on the EU’s state-owned enterprises. In effect, it will ensure a level playing field between public and private companies in the market. According to Economy Secretary
The Modernized Global Agreement (MGA) between Mexico and the European Union governs access to public procurement. This was one of the most contentious issues in the negotiations. First and foremost, companies from Mexico and the European Union compete on equal terms without automatic advantages for local suppliers, allowing
Tesla, BYD, and Geely top the rankings of global automotive industry leaders, according to the Future Readiness Indicator 2026, compiled by the IMD. The sector is transforming into a technology-driven platform industry, where software, artificial intelligence, batteries, and manufacturing systems are now just as important as the vehicles
Nvidia, Microsoft, Alphabet, and Apple dominate the tech sector. This is according to the Future Readiness Indicator 2026, compiled by the Institute for Management Development (IMD), based in Switzerland. This analysis covers the finance, automotive, and technology sectors. It also ranks the top companies based on their readiness
The tariff changes in Mexico’s Prosec program came about following pressure from the U.S. government. This pressure aims to prevent incentives for imports into North America, particularly from Asia. On April 23, 2026, the Mexican Presidency issued a decree imposing tariffs ranging from 5% to 35% on imports
Mexican imports of Chinese cars fell 53.5% in the first two months of 2026 compared to the same period in 2025, according to data from China’s General Administration of Customs. With this decline, these purchases totaled $399 million. Among the main models imported by Mexico from China are