The Government of Mexico granted in the last two years incentives to manufacturers of televisions and motorcycles, reported the Presidency of the Republic. Basically, the Global Supply Chains Program for television and motorcycle manufacturers in Mexico promoted tariff incentives through the Eighth Rule mechanism. From September 2020 to
The collection of cash flow from foreign trade operations in Mexico was 476,853 million pesos in the first semester of 2021, a year-on-year growth of 13.3%, reported the Ministry of Finance and Public Credit (SHCP). Above all, the increase derived from the increase in VAT. On the other
The physical investment of the federal government of Mexico would rise at an interannual rate of 17.7% in 2022, to 863,200 million dollars, if the Expenditure Budget project proposed by the SHCP to Congress is approved. In general, the budgetary physical investment will be allocated to the continuation
The Mexican Mining Chamber (Camimex) appointed José Jaime Gutiérrez Núñez as the new President of the organization, replacing Fernando Alanís Ortega. Camimex was founded in 1906 and is the first of the industrial chambers established in the country. It brings together the main mining groups in Mexico and
The High Level Economic Dialogue (DEAN) will help increase the benefits of the Agreement between Mexico, the United States and Canada (USMCA), stated the Ministry of Finance and Public Credit (SHCP) in the General Economic Policy Criteria for 2022. What is the DEAN? A flexible platform that aims
Uber Eats, Mercado Libre and Amazon have announced a series of investments in Mexico highlighted by the Ministry of Finance and Public Credit (SHCP). On the other hand, the stable business climate and the digital transformation accelerated by social distancing have led to investment and the growth of