trade-featured
Mexico exports 22 tons of pork to Singapore
EFE - The Mexican government announced that it has begun exporting pork to Singapore with an initial shipment of 22 tons dispatched at the end of last month. The pork was shipped on board a cargo vessel from Ensenada, Baja California.
latino.foxnews.com/latino/news/2012/11/12/mexico-exports-its-first-22-tons-pork-to-singapore/
APM investing $2 billion in Lazaro Cardenas port
Fresh Plaza - Netherlands-based APM Terminals plans to invest $2 billion to expand the containers terminal of the Mexican Pacific port of Lazaro Cardenas, a project that will create 3,000 direct jobs, officials said.
Mexico wins support in textile row with China
fibre2fashion.com - Mexico has won support of the EU and six other nations, including the US, in its trade dispute against China, Mexican Secretary of Economy Bruno Ferrari said.
Trade balance turns to surplus in September
RTTNews - Mexico's merchandise trade balance turned to a surplus in September from a deficit last year, preliminary data released by statistical office Inegi showed Thursday. The trade balance was a surplus of $234 million in September.
www.rttnews.com/1990741/mexico-s-trade-balance-turns-to-surplus-in-september.aspx
Mexico in search of allies to support its WTO case
fibre2fashion.com - Mexico, which filed a complaint last week in the World Trade Organization (WTO) accusing China of violating international norms by giving subsidies and tax incentives to textile companies, is now in search of allies to support its case.
Mexico offers floor price for tomatoes entering the U.S.
EFE - Mexico's government and farmers have offered to accept higher prices for tomatoes exported to the United States in a bid to avert a "tomato war" and the scrapping of a 16-year-old agreement, a senior Mexican official said.
Mexico predicts record avocado exports to U.S.
The Produce News - Mexico, which is the largest supplier of Hass avocados to the U.S. market and which is anticipating record volumes for the 2012-13 crop, expects to export a record volume of avocados to the U.S. market during the 2012-13 season.
Mexico considers lifting caps on foreign investment
Bloomberg - Outgoing President Felipe Calderon’s administration is assembling a proposal to lift caps on foreign investment in some Mexican businesses, Deputy Economy Minister Jose Antonio Torre said without revealing specifics.
www.bloomberg.com/news/2012-10-03/mexico-considers-lifting-caps-on-foreign-investment.html
Nafta surface trade rises 4.6 percent in July
TruckingInfo - Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 4.6 percent higher in July 2012 than in July 2011, totaling $75.7 billion.
Mexico's trade deficit rises in August
RTTNews - Mexico's merchandise trade deficit increased from last year in August, and exceeded economists' expectations. The deficit increased to $979 million in August from $829 million in July. Economists were looking for a shortfall of $800 million.
www.rttnews.com/1972436/mexico-visible-trade-deficit-rises-in-august.aspx
