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  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • Mexico exports mainly raw materials to Asia

    Mexico City — Even if Mexico, Brazil, Chile and Argentina account for 80% of Latin America and the Caribbean’s trade with Asia, most of this exchange is raw materials, with little value added. According to a recent study published by the Inter-American Development Bank (IDB), 70% of products exported to Asia are iron, copper, soy, oil, sugar, paper pulp and poultry. The document named “Structuring the Future of the Relationship among Asia, Latin America and the Caribbean” points out that China, Korea, Japan and India account for 90% of Asia’s trade exchange with Latin America and the Caribbean. The IDB considers that trade exchange between Latin America and Asia will continue to gradually shift from raw materials to manufactured products, because basic products demand and shortage will be growing globally.
    Source: CNN Expansion | Date: 22/05/2012