Mexico-U.S. relations, a world of opportunity for the automotive industry

In 2023, Mexico and the United States will celebrate the 200th anniversary of their bilateral relationship. Over time, this relationship has strengthened both nations and led to shared prosperity and economic growth. Trade relations with the…

Mexican economy grew around 3% last year, fueled by tourism

Mexico's economy grew by about 3% in 2022, Finance Minister Rogelio Ramirez de la O said in a statement Tuesday, as Latin America's second-largest economy tries to recover from a pandemic-induced decline. According to the statement, economic…

Government of Mexico pushes through major tourism projects

During this year, the major tourism projects of the current government of Mexico should be completed. This was announced by Tourism Minister Miguel Torruco Marqués. These projects would promote economic activities in the country and diversify…

Querétaro will be even safer in 2023

The state's security complex, being built on Avenida 5 de Febrero, is scheduled for completion by the end of 2023 and will include the installation of 50,000 alarms in the most vulnerable areas, said Governor Mauricio Kuri. The governor informed…

Increased Semiconductor Production in North America

A Memorandum of Understanding (MOU) was signed between Arizona State University (ASU) and Esteban Moctezuma Barragán, the Mexican Ambassador to the United States, to enhance semiconductor manufacture in North America. In order to lessen…

Mexico Aviation Industry Gains International Recognition

Air Transport Competitiveness Index Places Mexico at the Top. ALTA applauded the country’s superior connectivity, accessibility and air transport policies, as Mexico is making a major turn around since the COVID-19 pandemic greatly affected…

Bright Future for Latin America’s Automotive Industry

Due to key players in the automotive industry betting on Mexico’s capacity and potential, the industry keeps moving forwards. An example for this perception is the Mexican Ambassador  to the United States Esteban Moctezuma Barragán signing…

Mexican economy to grow by at least 3.5% until 2024

Mexican President Andrés Manuel López Obrador estimated on Sunday that the local economy, the second largest in Latin America, will grow by at least 3.5% in 2022, 2023 and 2024. Mexico was the country that registered the highest growth…

Mexico’s Revolution Day

On November 20th 2022, Mexico celebrates its 112th anniversary of the “Día de la revolución”, which translates to “Revolution Day” and is considered as one of the most important days in Mexico’s history. This day marks the beginning…

Improved working conditions in Mexico

Last week, the Senate approved reforms to the Federal Labor Law to increase the number of paid holidays, which in the first year of work will be 12, double the current number. "The increase will make labor 2 percent more expensive, but this…