trade-featured
Mexican growers hope U.S. consumer eat more avocados
Fresh Plaza - Mexican growers hope to send more than 750 million pounds of avocados to the United States, which will exceed the amount exported last year by over 100 million pounds. They plan to build more demand with a new marketing campaign.
Gross fixed investment rises year-on-year
Reuters - Mexican gross fixed investment was essentially flat in February but the index was higher in year-ago terms for the lagging indicator of industrial sentiment. Spending on machinery, equipment and construction was up 11.7 percent.
www.reuters.com/article/2012/05/08/mexico-investment-idUSL4E8G87O020120508
Study says U.S. exporting obesity to Mexico
U.S. News - A new study says that the United States is exporting its obesity epidemic to Mexico. A Minneapolis think tank says Nafta allowed the U.S. to send even more an influx of cheap calories in corn, soybeans, sugar, meat, and other foods to Mexico.
www.usnews.com/news/articles/2012/05/03/study-us-exporting-obesity-to-mexico
March trade surplus seen as $497 million
Dow Jones - Mexico likely had a trade surplus in March similar to that registered a month earlier, as high prices for crude-oil exports offset slightly lower production and automobile exports set another record.
Mexico to maintain U.S. beef trade after mad cow case
Reuters - Mexico's agriculture ministry said it had no plans to stop beef trade with the United States after U.S. authorities confirmed a case of bovine spongiform encephalopathy, or mad cow disease, in California.
www.reuters.com/article/2012/04/24/usa-madcow-mexico-idUSL2E8FOIJW20120424
Is U.S. stalling on adding Mexico to Asia trade talks
Bloomberg - Mexico’s Economy Minister Bruno Ferrari expressed frustration over what he said was the Obama administration’s delay in adding the nation to the Trans-Pacific Partnership, a sweeping deal to boost trade links between the Americas and Asia.
www.businessweek.com/news/2012-04-23/mexico-says-u-dot-s-dot-stalling-on-adding-nation-to-pacific-trade-deal
Mexico ready to forge free trade pact with Turkey
World Bulletin - Mexican Economy Minister Bruno Ferrari has said that his country was ready to sign a free trade agreement with Turkey. After meeting with Turkish Economy Minister Zafer Caglayan in Puerto Vallarta, the two nations will soon begin talks.
India, Mexico include agriculture, mining in talks
NDTV - Mexico and India broadened the scope of their "privileged association" established in 2007 to include agriculture and mining, the two governments said upon the conclusion of the fifth meeting of the Mexico-India Binational Commission.
www.ndtv.com/article/india/mexico-india-include-mining-agriculture-in-talks-199140
Mexico tripled avocado exports in five years
Fresh Plaza - Mexican avocado exports tripled in the last five years, attracted by U.S demand. In 2011, external avocado sales jumped by 47.1 percent to reach $990 million, three times more than the amount reached in 2006 at $338 million.
Fruit exports grew 18.9 percent in 2011
Fresh Plaza - Fruit exports from Mexico grew 18.9 percent in 2011 in comparison with the previous year. The growth is expected this year. The sales of mainly avocado, watermelon, mango, papaya, lemon and grapes totaled $2.8 billion.
