Trade & Investment
Reuters - Mexico is attracting foreign investment thanks to its growth-enhancing reforms, the country's finance minister said on Monday, adding that market volatility would subside once investors focus on the economy's good fundamentals.
Reuters - Pepsico, Nestle and Cisco on Friday announced major investments that together totaled more than $7 billion in Mexico, where the government has pushed through a series of economic reforms that aim to boost foreign investment and growth.
Capital Press - A National Potato Council official reported progress in his industry’s efforts to both include fresh, white potatoes in the federal Women, Infants and Children nutrition program and to open all of Mexico to fresh U.S. spud imports.
Poultry World - In the two decades of Nafta, Mexico has risen to become the number one export market for U.S. chicken, turkey, duck and eggs in 2013, with annual sales exceeding $1.3 billion, according to U.S. government trade data.
WSJ - Mexico is in discussions with U.S. trade officials in efforts to find a solution to a contested meat-labeling rule, said Mexican Economy Secretary Ildefonso Guajardo. Mexico wants a resolution that doesn't discriminate where cattle are born.
Bloomberg - Nestle, the world’s biggest food company, will invest $1 billion in Mexico over five years, building two new factories in its sixth-largest market. A new infant nutrition factory will be built in Ocotlan and a petfood factory in Silao.
Fox News Latino - Chiapas is coffee country, supplier of premium beans to boutique coffee brands and major international companies. But Chiapas is, too, home to many of the poorest towns in Mexico, despite concentrated efforts to invest following fair trade and sustainable production guidelines.
EFE - U.S. Secretary of State John Kerry and Mexican counterpart Jose Antonio Meade dismissed here Friday the possibility of "reopening" the North American Free Trade Agreement, calling instead for steps to reinforce the 20-year-old pact.
Reuters - An ambitious trade pact being negotiated among Pacific Rim nations could be concluded as soon as April, Mexican Economy Minister Ildefonso Guajardo said. The Trans-Pacific Partnership (TPP) would cover almost 40 percent of the global economy.