From July 1 to December 31, 2020, the National Hydrocarbons Commission (CNH) of Mexico authorized the drilling of 26 exploratory wells; 12 to Pemex and 14 to other operating companies. According to SHCP, the drilling of the 26 wells represents a planned investment of 827.5 billion dollars, of
The IMEF Manufacturing Indicator increased 1.4 points in January to settle at 50.2 units. Thus, this Indicator crossed into the expansion zone (> 50) after having remained in the contraction zone for 19 consecutive months. Its trend-cycle series decreased 0.1 points to close at 49.3 units and continue
The peso closed the session with an appreciation of 1.21% or 24.6 cents, trading around 20.14 pesos per dollar, with the exchange rate touching a minimum of 20.1161 and a maximum of 20.3937 pesos. The Mexican peso closed as the second most appreciated currency against the dollar behind
With an emphasis on certificates of origin, the Mexican Ministry of Economy carried out different activities during the second semester of 2020 to simplify the receipt of procedures by electronic means. In general, the Ministry of the Economy reduced the response times and requirements for certain foreign trade
The Mexican Council for Foreign Trade (Comce) anticipated that it will be an active member of the recently created National Committee for Trade Facilitation. The Ministry of Economy created on a permanent basis the National Committee for Trade Facilitation, the purpose of which is to facilitate coordination between
In October 2019, Uber Tehnologies (Uber) and Cornershop Global LLC (Cornershop), among other companies and individuals related to the operation, notified Cofece of their intention to concentrate. However, the Federal Telecommunications Institute (IFT) requested the submission of the file to analyze it, arguing its competence in the matter.