The largest exporters of agricultural products in the world in 2020 were the European Union, the United States and Brazil, according to data from the World Trade Organization (WTO). Exports to the European Union totaled $ 653 billion. If only extra-block foreign sales are taken into account, the
Mexico has removed several exemptions on imports of ICT (information and communications technology) products, which has angered US industry. On October 6, 2020, Mexico notified the WTO of its proposal to revise a 1998 technical regulation, NOM-019-SCFI-1998 “Security of data processing equipment”, which establishes security requirements for certain
The government of Mexico reported that it is suspending the terms related to its IMMEX, Prosec and Drawback programs. For this, the Ministry of Economy published in the Official Gazette of the Federation an agreement suspending the corresponding activities, derived from the increase in confirmed cases of personnel
The Regional Comprehensive Economic Association (RCEP) has a complex rate program, according to an analysis by the US Congress. To begin with, the RCEP is an unprecedented mega-regional trade agreement comprising a diverse mix of developed, developing and less developed economies in the region. Its 20 chapters cover
Latin American countries have imposed taxes on digital companies, closing gaps in competitiveness, according to a report by ECLAC. In general, business models in the digital economy pose challenges for tax systems. The fact that companies are not physically present and that the services they offer transcend geographical
Cargill, Continental Grain Company and Sanderson Farms announced that they have entered into a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for 203 per share in cash. This represents a total equity value for Sanderson Farms of $ 4.53 billion.