Northern and Southern Border Region & New Minister of Economy – THE TRADING ROOM
The Northern and Southern Border Region The “Free Zone of the Northern Border” program will be valid until 2024 in accordance with the decrees signed by the President of Mexico, AMLO, on November 27th, 2020. Established in 2018, the program grants tax incentives on VAT, Income Tax (“ISR”), and the Special Tax on Production and […]
COFECE Proposals & Global Economy – Economic Newsletter
Reactivating the Mexican Economy The Mexican Antitrust Commission (COFECE, acronym in Spanish) presented 12 measures in order to reactivate the national economy for the following relevant sectors: pharmaceutical, financial, energy, transportation, public procurement, and regulation. VTZ highlights that one of these measures focuses on International Trade regulations, specifically on trade remedies matters. In general, the […]
Mexico tackles Cheese and Yogurt Products & more – The Trading Room
USMCA Rail Corridor According to a Mexican news outlet, an interesting infrastructure project is being planned that will further integrate North America. The project entails a rail and logistic corridor that will connect the Mazatlan, Sinaloa, to Winnipeg, Canada crossing the United States. Per the report, 167 km of rail need refurbishment, and 87 km […]
USMCA Hotline and more | The Trading Room
USMCA Hotline for Labor Complaints On Monday, August 3, the United States Embassy in Mexico published, on its Twitter account, the “USMCA Hotline”, which is a platform to receive complaints or information on labor matters. This should not come as a surprise because it was foreseen in article 717 of the USMCA Implementation Act. El […]
Mexican Investment Promotion Policy – The Trading Room
The Trading Room Mexican Investment Promotion Policy Must Change Susana Muñoz, director of the VTZ Chinese Desk and former government official of the Mexican Ministry of Economy, prepared a text on the decoupling of the global economy and its implications for Mexico. Taking into account that the 2020 US presidential election approaches, she addresses the growing […]
USMCA Labor Disputes | The Trading Room
In our Trading Room economic newsletter, we address Robert Lighthizer’s appearance before the U.S. Senate to share the 2020 Trade Policy Agenda, where he commented on possible USMCA Labor Disputes and the use of the rapid response labor mechanism as well as WTO actions; we also address the selection process for the WTO Director-General. Future Labor Disputes in […]
