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Month: March 2020

U.S., Mexico agree on importance of trade despite border restrictions.

March 21, 2020March 23, 2020 Access To MexicoUncategorized

REUTERS U.S. President Donald Trump and his Mexican counterpart, Andres Manuel Lopez Obrador, agreed on Saturday on the importance of preserving bilateral trade and critical services, despite U.S.-Mexico border restrictions to fight the coronavirus, a White House spokesman said. “The […]

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La banca apoyará a sus clientes para evitar impagos: CCE.

March 20, 2020March 23, 2020 Access To MexicoUncategorized

EL ECONOMISTA Para hacer frente a los problemas de impago o cartera vencida durante el periodo de la pandemia del Covid-19, los bancos en México preparan paquetes de apoyos financieros desde suspensión de pagos, financiamientos o préstamos, “trajes a la medida” para que […]

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Hacienda inyectará 7 mmmd a Pemex.

March 20, 2020March 23, 2020 Access To MexicoUncategorized

OIL & GAS MAGAZINE El gobierno federal apoyará a Petróleos Mexicanos (Pemex) con 7 mil millones de dólares entre este año y el 2022, para impulsar su producción y alcanzar equilibrio presupuestario, informó El Universal. La inversión de capital será […]

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Mexico’s Budget Is Protected By Its Mega Oil Hedge.

March 20, 2020March 23, 2020 Access To MexicoUncategorized

OIL PRICE “Everything” in the Mexican budget that needs to be covered by oil revenues is covered, the country’s Finance Minister, Arturo Herrera, said as quoted by Reuters, in response to a local daily question about how safe the state […]

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Pemex CEO vows ‘all necessary adjustments’ as oil prices fall.

March 18, 2020March 23, 2020 Access To MexicoUncategorized

REUTERS Mexican state oil company Pemex will cut administrative expenses and contracts this year to help deal with the impact of falling oil prices, its chief executive officer said on Wednesday, adding that it will prioritize the most profitable projects. […]

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K Tech Mexico invests US$20 million in Guanajuato.

March 17, 2020March 23, 2020 Access To MexicoUncategorized

MEXICO NOW Automotive injection molding, mold manufacturing and production provider K Tech invested US$$20 million in its new plant and will create 120 direct jobs. The inauguration event was attended by Diego Sinhue Rodríguez Vallejo, governor of the State of […]

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Now made in Mexico: Japan auto suppliers shift China production after virus shock.

March 17, 2020 Access To MexicoUncategorized

THE JAPAN TIMES NEWS In the Chinese coastal province of Jiangsu, where supply chains have been severed by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp. to a site 13,000 kilometers away, […]

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NEWS ITF announces growth plans for Mexico transport sector.

March 17, 2020 Access To MexicoUncategorized

INTELLIGENT TRANSPORT The International Transport Workers’ Federation (ITF) and its affiliated unions in Mexico have announced a growth plan to ensure the rights of working people are central to transport expansion in the country. To initiate this, the ITF national coordinating committee of […]

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SOLCARGO strengthens its presence in Mexico with the hires of Partners Jorge A. Labastida Martinez, Cecilia Curiel Piña and Carlos del Razo Ochoa.

March 17, 2020 Access To MexicoUncategorized

GLOBAL LEGAL CHRONICLE Solórzano, Carvajal, González y Pérez-Correa, S.C. (SOLCARGO) is a law firm founded in 1995 and currently recognized as one of the leading law firms in Mexico. It is based in Mexico City and has practices focused on […]

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Mexico must capitalize on USMCA after Canada ratification: Mexico finance minister.

March 17, 2020 Access To MexicoUncategorized

REUTERS Mexico should seek to take advantage immediately of the United States-Mexico-Canada Agreement (USMCA) after the Canadian parliament’s ratification of the trade deal, Mexican Finance Minister Arturo Herrera said on Friday.

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