Trade & Investment
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.
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.
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.
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.
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.
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.
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.
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.
http://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.
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?
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.