Global tourism will record a loss of 1.8 trillion dollars in 2021, according to a report issued by UNCTAD and UNWTO. Taken together, the drop in international tourism due to the coronavirus pandemic could cause a loss of more than $ 4 trillion in global GDP during 2020
The U.S. Federal Trade Commission (FTC) ordered the sale of hundreds of retail stores on Friday following 7-Eleven’s anti-competitive acquisition of $ 21 billion of retail fuel chain Speedway. Both companies agreed to sell hundreds of stores used to sell gasoline and diesel fuel in 293 local markets
Officials from Mexico, the United States and Canada discussed this Tuesday aspects of the implementation of the labor chapter of the USMCA. It was the first meeting of the Labor Council of the USMCA, a meeting that was held virtually. During the meeting, the Parties highlighted the importance
Mexico and Peru outline an agreement to mutually recognize the electronic certificates of origin that are exchanged between their respective Foreign Trade Single Windows (VUCE). For this, both governments use an interoperability platform. Likewise, as part of the process, it will be in charge of each Party to
Grupo Modelo informed that it will export glass bottles to Ecuador, Colombia and Peru as a result of the expansion of a plant in Mexico. The expansion of the factory entails an investment of 3,080 million pesos and will be located in Terra Blanca, Veracruz. Cassiano De Stefano,
International transport services registered a year-on-year fall of 19% in 2020, according to data from the World Trade Organization (WTO). Overall, the relatively positive short-term prospects for world trade are clouded by regional disparities, continued weakness in trade in services, and delayed vaccination schedules, especially in poor countries.