The Ministry of Economy of Mexico will promote the participation of high-tech manufacturing exports as a proportion of Gross Domestic Product (GDP). This is a goal set in the Sectorial Program of Economy 2020-2024, published last week in the Official Gazette of the Federation (DOF). The Ministry of
The Government of Mexico published an agreement that discloses the export quotas for non-originating textile merchandise and clothing, subject to preferential tariff treatment, pursuant to the Treaty between Mexico, the United States and Canada (USMCA). The USMCA states in Chapter 6 (Textile Goods and Clothing), Annex 6-A (Special
The Ministry of the Economy published an agreement by which it discloses eight import quotas for non-originating textile merchandise and clothing, subject to preferential tariff treatment, pursuant to the Treaty between Mexico, the United States and Canada (USMCA). In this agreement, the Ministry of the Economy reported that
The Mexican government published a decree on Monday to replace NAFTA with USMCA. One of the main changes that the USMCA contains are the rules of origin in the automotive sector. In this sense, for the cars, the USMCA increases the Regional Content Value (VCR) from 62.5% to
SFL Corporation Ltd. entered into ship charter agreements with the Maersk and MSC shipping lines. With a broad and diverse asset base in the maritime and offshore industries, SFL Corporation Ltd. owns and leases ships. The company operates the fleet that includes crude oil tankers, bulk and mineral
Maritime transport moves 40% of the world grain and oilseed trade with a duration of more than a month, according to the International Grain Council (IGC). The data comes from a recent presentation by the IGC on “IGC Cost and Freight Tool: Tariff Data Platform”, which incorporates information