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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
  • Argentina suspends free automotive trade with Mexico

    Mexico City — Argentina’s government will suspend the Economic Complementation Agreement (ACE 55) with Mexico, which allowed free flow of automobiles and auto parts. In a press conference, Bruno Ferrari, Minister of the Economy, said that Mexico’s government is not willing to negotiate the Agreement with Argentina, and they will resort to international venues to keep in in force. Mr. Ferrari pointed-out that since 2003 bilateral trade of automobiles and auto parts posted a surplus for Argentina, but in 2011 the balance was in favor of Mexico; therefore, “There is no argument to suspend the Agreement”. In 2011 US$88.7 million were exported in automobiles, while US$237.7 million were imported, benefiting the domestic industry.
    Source: Milenio | Date: 27/06/2012