The relationship between Mexico and Australia includes the participation of both in MIKTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and, possibly, the Pacific Alliance. According to the Ministry of Foreign Affairs (SRE), both countries established diplomatic relations on March 14, 1966. The relationship has been
Among the main Mexican companies with investments in Argentina are AeroMéxico, Alfa, Alsea, Arca Continental, Calidra, Carnot Laboratorios, Cemix, Cerámica San Lorenzo, Cinépolis, Coca Cola FEMSA, Coppel, Farmacias Doctor Ahorro, Fondo de Cultura Económica, Genomma Lab and Grupo BIMBO. Also noteworthy are Grupo Carso (América Movil-Claro), Grupo CEMEX,
Mexico‘s Ministry of Economy informed that it provided support for US$350.8 million to light industry companies that used the Eighth Rule from September 2021 to July 2022. The support was given through the Eighth Rule mechanism based on Article 2 section II of the General Import and Export
The Bank of Mexico (Banxico) estimated the possible magnitude of the impact of company relocations based on information from the Monthly Survey of Regional Economic Activity (EMAER). Uncertainty regarding the magnitude of the impact that the reconfiguration of global value chains will have on domestic production is high.
Banxico highlighted trends in relocation based on the results of companies that observed increased demand for their products or services as a result of nearshoring. Specifically, it indicated that the proportion of companies benefiting in the sector integrated into global chains is greater than in the rest of
The Bank of Mexico (Banxico) conducted an analysis of the concrete benefits resulting from nearshoring in Mexico. Nearshoring is the practice of transferring a business operation to a nearby country, especially in preference to a more distant one. According to Banxico, Mexico’s geographic proximity to the United States