The USMCA is off to a strong start bolstering prosperity across North America. However, there will need to be progress on a range of important issues in the next three years
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Mexico fell to 11th place in 2023 from its fifth place ranking in 2017, placing Mexico’s economy in the bottom half of the 17 Latin American economies considered by Emerging Markets Bond Index compiled by JP Morgan Chase
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Against the backdrop of positive economic news out of the United States, Mexico’s economy has reason for moderate optimism
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The new property will be immersed in lush mountainous jungle along a pearly-white beach stretching over two kilometers
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Many news reports highlight increased FDI in northern Mexico’s industrial parks and announcements of significant new manufacturing investment in the auto sector, including a new Tesla plant in Nuevo León
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To fully capitalize on the momentum of nearshoring, it is imperative that the “three amigos” jump in with both feet and fully engage on the trilateral trade and competitiveness agendas, including effectively addressing disputes
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Political temperatures are also rising, and potential conflicts and near-miss economic catastrophes are coming to a head in the Western Hemisphere and around the globe
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Mexicans and foreigners in Mexico alike love to make reference to the country’s Article 33, a clause in the constitution that prohibits non-Mexicans from being involved in internal national affair
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Mexico and Azerbaijan are currently working on finalizing 19 bilateral accords and memorandums in the areas of investment security, the avoidance of double taxation, customs, education, tourism and other issues
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If AMLO tries to strong-arm the second-wealthiest man on the planet into building his plant somewhere that will behoove his own political ends, he may end up with a rotten gander egg on his face and no Tesla investment whatsoever
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