The Mexican government stopped importing milk powder in 2020, reported Víctor Villalobos, secretary of Agriculture (Sader). «As a result of the policy of promoting self-sufficiency in food with sovereignty, the head of Agriculture, Víctor Villalobos Arámbula, announced that this year milk powder will not be imported; in 2019
International prices of raw materials registered a marked decrease during the first quarter of 2020 and, above all, oil prices began to drop in February due to expectations of lower oil demand derived from the global effects of the Covid pandemic. -19. Raw materials are materials or substances
Mexican exports will be affected in May by the lack of supplies derived from the global pandemic of Covid-19, estimated Banco de México (Banxico). «The central bank expects that the greatest weakness in the world economy and the lower national production as a consequence of the effects of
The Treaty between Mexico, United States and Canada (USMCA) requires changes in Mexican legislation before its expected entry into force on July 1. For this reason, the Business Coordinating Council (CCE) urged the Senate Political Coordination Board to approve the necessary changes in Mexican legislation to bring it
The main objective of international trade facilitation is to help streamline and reduce the cost of cross-border trade, while ensuring its safety and security, summarizes the United Nations Economic Commission for Europe (UNECE). Bureaucratic delays and cumbersome formalities represent a burden for merchants involved in cross-border merchandise trade.
Almost 70% of world trade is carried out through global value chains (GVCs), the United Nations Conference on Trade and Development (UNCTAD) reported on Wednesday. In general, in GVCs production crosses at least one border, and generally many borders, before final assembly. Growth in global GVC-related trade has