Washington Post - New rules for U.S. meatpackers will require labeling that tells consumers where the animal was born, raised and slaughtered. But the regulations, posted Friday, are the latest move in a trade dispute involving Canada and Mexico.Trade & Investment
Mexico is leading producer of fresh onions
Fresh Plaza - Mexico is the leading worldwide producer of fresh onion with more than 1.4 million tons per year. In Mexico, the onion crop is the fifth most important vegetable. Exports in 2011 were about 303,500 tons, 89 percent for the U.S. market.
Mexico potato trade deal hits snag
Capital Press - U.S. potato industry groups are preparing comments regarding the Mexican government's proposed policy changes on fresh potato imports, fearing they would worsen an existing trade disparity.
Mexico to drop complaint vs Argentina after auto deal
Reuters - Mexico will drop a complaint before the World Trade Organization against Argentina over trade restrictions after the two countries reached a new automobile pact, Mexican economy minister Ildefonso Guajardo said on Friday.
www.reuters.com/article/2012/12/14/us-mexico-argentina-wto-idUSBRE8BD16B20121214
Mexico lays down new regs to protect tequila industry
EFE - The Mexican government announced Thursday a set of new regulations designed to protect makers of tequila - a key export - from unfair competition. Norm 006 establishes procedures for obtaining certification as a tequila distiller or bottler.
latino.foxnews.com/latino/news/2012/12/14/mexico-lays-down-new-regs-to-protect-tequila-industry/
Argentina says it's close to deal with Mexico on autos
Reuters - Argentina is close to sealing a new automobile trade deal with Mexico that could help revive trade between two of Latin America's top economies, Argentine President Cristina Fernandez said on Thursday, according to a report.
www.reuters.com/article/2012/12/14/argentina-mexico-idUSL1E8NE11O20121214
Cargill pushing Truvia sweetener into Mexico
Minneapolis/St. Paul Business Journal - Cargill Inc. has had strong success with its sugar substitute Truvia in the United States. Now the company will try its luck in Mexico, where artificial sweeteners have been slow to catch on.
www.bizjournals.com/twincities/morning_roundup/2012/12/cargill-pushing-truvia-sweetener-into.html
FEMSA buys majority share of Philippines bottler
GMANews - Mexico's Coca-Cola FEMSA, the largest bottler of Coke products globally, has signed an agreement to buy 51 percent of Coca-Cola Bottlers Philippines Inc. for $688.5 million.
Burger King to expand aggressively in Mexico
QSRWeb.co, - Burger King Worldwide and Alsea have signed a joint venture which will significantly expand the brand's presence in Mexico. A new joint venture company will own 203 Burger King restaurants in Mexico.
Mexico hopes for European banana breakthrough
FreshFruitPortal.com - As a banana producer, Mexico has focused its exports on the U.S., but with the signing of a deal to lower the European Union import tariff for Latin American bananas, will the country be able to make an impact on the European market?
www.freshfruitportal.com/2012/12/13/mexico-hopes-for-european-union-banana-breakthrough/
New Zealand motor maker opens Mexico subsidiary
New Zealand Herald - Loss-making energy efficient motor maker Wellington Drive Technologies has set up a wholly-owned subsidiary - Wellington Latin America Services - in Queretaro, which it says aims to strengthen its presence in the region.
