Aerospace News

  • Colombia Bridge in Nuevo Leon increases the crossing demand

    In the face of the damage suffered by the International Bridge III in Nuevo Laredo, Tamaulipas, last May, Colombia Bridge showcased its capacity to serve 70% more importation and exportation customs operations, thus generating greater crossing demand, affirmed Hugo Gonzalez, director of the Corporation for the Development of Nuevo Leon's border zone (Codefront). With this, there is an average of 3,500 trailers crossing

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  • Mexico goes for six new FTAs

    The Mexican President, Enrique Peña Nieto, gave instructions to Ildefonso Guajardo, Secretary of Economy, to turn the Trans Pacific Partnership Agreement (TPP) into bilateral agreements with Australia, Brunei, Malaysia, New Zealand, Singapore and Vietnam. Mexico has opportunities to increase its exports of manufactured goods to this six nations group, mainly in the automotive sector. The TPP was meant to open new markets

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  • Canada could increase Bajio investment

    The Bajio delegation of the Canadian Chamber of Commerce in Mexico (CanCham), ruled out a possible exit of Canadian capital funds from Mexico. On the contrary, the changes expected in the commercial relation between Mexico and the U.S., creates the opportunity of increasing the participation of Canadian investment in the Bajio region and in all of Mexico, underscored François Ouellet, Vice President of the Bajio Chapter of

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  • Indian entrepreneurs 'rolling' into Mexico

    Hero MotoCorp, the largest motorcycle manufacturer in the world, based in New Delhi, India, is soon to inaugurate a plant in Buenos Aires, Argentina, to produce and ship out to all of Latin America, and primarily to Mexico, where motorcycle sales maintain two-digit sales rates. The total value of this market had an add-up of US$47 million in Mexico from January to December 2016, that is 12.4% more than 2015. Even though

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  • Automotive sector to exceed US$50 billion

    The Mexican Association of the Automotive Industry (AMIA) estimated that the automotive sector will record a commercial balance worth over US$50 billion by the end of 2016, which means that this industry is maintaining itself as an important income generator and engine for the internal economy. Eduardo Solis Sanchez, President of AMIA, said that, according to the last official figures by Banxico, there was a surplus of

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