Peruvian authorities are currently conducting several high-profile corruption investigations that have delayed six infrastructure projects in Peru. The cases are related to activities of certain Brazilian companies in the construction sector and have resulted in the suspension or delay of important infrastructure projects, which would otherwise be operational
Mercosur, whose associated states are Chile, Colombia, Ecuador, Peru, Guyana and Suriname, operates 80% of its regional trade free of tariffs. So far, Mercosur is negotiating a free trade agreement with the European Union. On this, on June 28, 2019, the parties reached an agreement in principle that
Mexico captured 2,648.4 million dollars of Foreign Direct Investment (FDI) in the manufacture of cars and trucks from January to September 2021, reported the Ministry of Economy. As a prominent factor in the context, the Mexico-United States-Canada Agreement (USMCA) includes many innovative provisions designed to incentivize new investment
Blueberry production in Mexico has grown for five years in a row, reaching 50,293 tons in 2020, reported the Ministry of Agriculture. After going from 15,000 to 29,000 tons from 2015 to 2016, Mexico’s blueberry production climbed to 37,000 tons in 2017, 40,000 tons in 2018 and 49,000
Exports of tequila and mezcal from Mexico grew at an annual rate of 39.3% from January to September 2021, to 2.384 million dollars, according to data from the Ministry of the Economy. In particular, the international recognition of the denomination of origin of Mexican tequila gives a comparative
Starting January 1, 2022, the European Union will be able to export duty-free 3.3 million tons of steel, 18,000 tons of raw aluminum and 366 tons of semi-finished (forged) aluminum to the United States. Any export above those levels will be subject to the higher tariff levels applied