The Mexican Embassy in Chile attended to different business matters in the relations of both countries during 2020. On November 29, the visit made by representatives of Grupo Cementos de Chihuahua was attended, managing meetings with officials from the Ministry of Public Works and the Chilean Chambers of
FDI in Latin America and the Caribbean declined 37% in 2020, to an estimated $ 101 billion, amid one of the deepest recessions in the developing world, UNCTAD projected. Investments in oil-related industries and market research flows recorded sharp declines. Among the largest economies, only Mexico saw a
World trade in services in the third quarter of 2020 fell 24% compared to the same period in 2019, reported the World Trade Organization (WTO). This represents only a small rebound from the 30% year-on-year decline recorded in the second quarter, in stark contrast to the much stronger
The peso closed the session with an appreciation of 0.57% or 11.5 cents, trading around 19.99 pesos per dollar, with the exchange rate touching a maximum of 20.2915 and a minimum of 19.9356 pesos per dollar. The strengthening of the weight was mainly due to 2 factors: First
Valero Marketing and Supply and Grupo México will build a new hydrocarbon storage terminal in Aguascalientes, said the governor of the state of Aguascalientes, Martín Orozco Sandoval. The investment of the project is 20 million dollars and its capacity reaches 140,000 barrels of gasoline and diesel. The supply
The economic impact of mining in Mexico must be understood from the tangible benefits it leaves on local, regional and even national economies. The main mining indicators that allow quantifying and calculating these benefits have to do with salaries, purchases from suppliers and payment of taxes. According to