Trade & Investment

Trade & Investment

Calif. governor wraps up three-day trip to Mexico

AP — California Gov. Jerry Brown wrapped up a three-day visit to Mexico Wednesday, saying he will work with the U.S. government to find a long-term solution to the immigration crisis, which took center stage on his trade mission.

Japan and Mexico sign carbon trade deal

Reuters - Japan and Mexico have signed a deal for Japanese companies to earn carbon credits by investing in technology to cut greenhouse gas emissions in Mexico - in Japan's 12th bilateral carbon agreement.

U.S., Mexico sign formal produce safety agreement

Food Safety News - U.S. and Mexico food safety officials have signed a statement of intent last week forming a partnership to promote the safety of fresh and minimally processed agricultural products.

Mexico is U.S. biggest fruit and vegetable supplier

Fresh Plaza - Mexico is the leading country exporting to the US (26%), followed by Guatemala (19%) and Costa Rica (17%). Mexico is currently increasing its avocado, mango and strawberry exports and it is the first exporter of lime and watermelons to North America.

Mexico strengthens southern border anti ag pests

Fresh Fruit Portal - Mexican authorities have invested $22 million across five checkpoints along the country’s southern borders with Guatemala and Belize to focus on the inspection, mobilization and import of agricultural products to protect from exotic pests and diseases not yet present in Mexico.

Where Slim is investing as Mexico unit breaks up

Bloomberg - Carlos Slim is planning to spend more in countries such as Brazil while placing bigger bets on industries like energy, as regulatory pressure in Mexico splinters his most prized asset.

Mexico passes telecom reform laws

AP — The lower house of Mexico's congress has approved tough restrictions on dominant companies in the country's telephone and television sectors. The new rules must still be signed into law.

Spain's Banco Sabadell begins operating in Mexico

EFE - Spain's Banco Sabadell said Monday it started operating in Mexico via its new Sabadell Capital unit, a subsidiary created to finance different projects in Mexican pesos and U.S. dollars.

Daimler, Nissan to jointly make cars in Aguascalintes

WSJ - Daimler and Japan’s Nissan Motor Co. will jointly produce Mercedes-Benz and Infiniti compact cars in Aguascalientes under an agreement that would comprise the largest project in a four-year-old alliance.

Mexico seeks new markets for its tequila - Mexico plans to "conquer new markets" with its national drink, tequila, with projections showing that China will be the liquor's No 2 importer in five years.

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