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  • Aerospace engineers wanted
  • Investment for US$374 million in the State of Mexico announced
  • Axalta will invest US$10.5 million to increase production in Mexico
  • President’s airplane delivered
  • Private investment for US$384 million in new industrial parks at Guanajuato
  • Amistad joins Nortek’s Divisions CES Group and Nordyne Ribbon Cutting Ceremony: July 2014
  • Amistad & Gentherm host Ribbon Cutting Ceremony: August 2014
  • OMA supports its growth on hubs and stakeholders
  • Ten companies are interested in investing in Coahuila
  • Ferromex invests in railroads network
  • Puebla will have new industrial parks
  • Businessmen announce investments in the energy sector
  • Nuevo Leon, at the wheel of automotive innovation in Mexico
  • Queretaro advances in the aeronautics sector
  • TMM wants to boost ships construction in Tampico shipyard
  • GM will produce their compact model Cruze in Mexico in 2016
  • Coahuila will have more industrial parks: Ruben Moreira
  • Mexico-China fund for US$5 billion to be created
  • Amistad Desarrolladores grows with the automotive industry
  • Mars inaugurates the expansion of their plant in Jalisco
  • 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