Mexico financial representatives announced plans to invest approximately 100 billion U.S. dollars in rail, road, telecom and port projects over the next five years, to include Mexico’s first high-speed rail links. With manufacturing in Mexico and the maquiladora industry projected to be affected by this formidable investment, it is also believed the decision will affect those businesses looking to make Mexico a manufacturing base. Included in the plan’s perspective concepts [...]

The economic relationship between Mexico and Canada has been somewhat awkward over the past two decades with the United States influencing its structure. Yet the 1993 North American Free Trade Agreement, or NAFTA, provides a working framework for a direct Canadian-Mexican economic relationship, a relationship that remains more talk than action. Manufacturing in Mexico generally goes to the U.S., not Canada. However, both sides in the Canadian-Mexican trade dynamic recently [...]

Mercedes-Benz is reportedly considering opening production facilities for manufacturing in Mexico. Over the past decade, Mexico has made great strides to maintain a competitive advantage over its main manufacturing rival, China. The first to break this news on Mercedes was the Mexican daily newspaper El Financiero. Pedro Tabera, the chief of Mercedes’ Mexican operations, told the newspaper the company was considering options that include a joint production venture with Nissan, [...]

Experts say a new trade agreement is needed to coordinate rules between the NAFTA countries and the European Union. At an economic conference in Montreal, Arturo Sarukhan, a former Mexican ambassador to the United States, said that American and Canadian efforts to secure free trade agreements with the EU should be continental agreements that include Mexico. NAFTA is a free trade agreement that unites Canada, the United States, and Mexico [...]

Savvy investors everywhere are taking note of the expanding automotive industry in Mexico and the ripple effect of opportunities it represents. Thanks to NAFTA, what's good for manufacturing in Mexico can be good for many other countries as well. This is not a temporary state of affairs, and all signs point at the same steady growth to continue in the coming years. The facts don't lie, and they are all [...]

RECENT CHANGES IN THE MEXICAN IMMIGRATION LAWS Recently, the Mexican Immigration Institute implemented changes in the Immigration Law. The most important changes are the following: Non-Immigrant Visa (known as FM3) and Immigrant Visa ( known as FM2) are replaced by the Temporary Resident Card (“TRC”)  The Immigrated status is replaced by the Permanent Resident Card (“PRC”) New procedure to obtain “TRC” or “PRC”: i) Mexican subsidiary Company must obtain Proof [...]

The number of British government initiatives in Mexico points to the high degree of confidence that the UK has in the Mexican economy. For example, in April this year the UK's ambassador to Mexico, Judith MacGregor, met with Tijuana mayor Carlos Bustamante Anchondo to discuss ways to build more jobs, widen business relations between the two countries and prepare Tijuana for foreign manufacturing in Mexico investment. During the meeting, Bustamante Anchondo said [...]

Mexico’s economic revival is certainly being recognized globally. Antonio Garaza of World Politics Review demonstrates how Mexico will sustain this trend in the years to come. An “open economy” is one driving force in the success of Mexico’s growing economy. Mexico’s economy has a competitive edge and is open (in comparison with other economies) with its largest factor being trade, 63% to be exact. Mexico’s export output alone equates, “to [...]

After years of violent crime and instability, Juarez, Mexico is at last beginning to enjoy the return of peaceful times. Last year, 2012, was a turning point for Juarez. The economy is reviving, residents are feeling safe, and businesses and investors would be wise to consider opening operations in Juarez. Manufacturing in Mexico is bustling and promises to thrive for years to come, and Juarez is ideal for its central [...]