For passenger vehicles and light trucks to qualify as originating in the Agreement between Mexico, the United States and Canada (USMCA), they must meet five requirements: Regional content value of the vehicle. Regional content value of essential parts. Aluminum. Steel. Value of labor content. Heavy trucks are subject
The world’s largest broccoli and cauliflower exporters in 2020 were Spain, with $ 545 million, and Mexico, with $ 354 million, according to data from the World Trade Organization (WTO). Broccoli (Brassica oleracea italica) is a plant of the Brasicaceae family, formerly called Crucifers, which is a set
In Mexico there are difficulties in exercising current rights of way and establishing new ones, said the Federal Commission for Regulatory Improvement (Cofece). Cofece established this position as part of its Study of competition in the public freight rail transport service, in a version for public comment. Rights
The Mexican Railroad Association (AMF) elected Alfredo Casar Pérez as its new President. Casar Pérez serves as Executive President of Grupo México Transportes. In general, Mexico‘s rail system is divided into three regional lines, several short lines, and a rail terminal in the Valley of Mexico. During 2020,
The government of Mexico affirmed that it trusts that a dispute settlement panel on Regional Content Value (VCR) will not be raised in the USMCA. «We are looking to reach an agreement (…) We do not want to reach an international panel, they are the options that are
The index of world food prices averaged 127.4 points in August, 3.1% more than in July, the FAO reported this Thursday. At the same time, that August result was 32.9% more than in the same month of 2020. The index reflects the monthly variation in international prices of