BBVA opens office in Texas to attract investments to Mexico through ‘nearshoring’

BBVA opens office in Texas to attract investments to Mexico through ‘nearshoring’

Mexico City. In order to attract American companies that are looking to relocate their production processes to Mexico – a phenomenon better known as nearshoring–, BBVA México, the bank with the largest presence among those operating in the country, opened a new representative office for corporate and government banking in Houston, Texas, United States. “The … Read more

Mexico should keep fiscal competitiveness to draw investments: Coparmex

Mexico should keep fiscal competitiveness to draw investments: Coparmex

Mexico Metropolis. Mexico should be aggressive in tax issues within the face of potential modifications that Donald Trump may make if he wins the presidency of the USA, since this can permit new investments to succeed in Mexican territory, mentioned the Employers’ Confederation of the Mexican Republic (Coparmex). Given the chance that the previous US … Read more

Customs procedures delay the logistics chain

Customs procedures delay the logistics chain

The import of products has elevated as a result of phenomenon of nearshoringhowever ready instances within the logistics chain, notably in customs procedures, stay excessive. Information point out that within the first 5 months of the yr, merchandise imports accelerated by 13 p.c on the Pacific coast and by 9 p.c within the Gulf of … Read more

Mexico is a elementary participant within the North American period: Amcham

Mexico is a elementary participant within the North American period: Amcham

The advantages of investing in Mexico “are clear” as a result of “privileged location, sturdy infrastructure, huge expertise and a historical past of profitable regional cooperation” that positions the nation as a elementary participant within the North American period, stated Carlos García, president of the American Chamber (Amcham México). In keeping with the doc “Nearshoring: … Read more