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Marcelo Ebrard

Mexico expresses intent to renew USMCA through 2042

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As of June 2, Mexico and Canada have formally notified the United States — and each other — that they wish to extend the USMCA free trade pact for an additional 16 years to 2042.
A welder works in a metal shop in Mexico

Productivity brings prosperity: Is Mexico really failing at both? A perspective...

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Mexico's exports are surging, wages have doubled and poverty is falling — so why has per capita GDP and productivity barely budged in 25 years?
thiig Space

Amazon Web Services launches a tech education hub in Querétaro

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The global giant is offering training in STEM subjects, cloud computing, robotics and morefor students and entrepreneurs in a city whose tech profile has been steadily growing.
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Pharma companies pledge 21 billion pesos to boost drug production in Mexico

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The main goal of the new program is to create conditions for Mexico's health sovereignty, that is, its future ability to meet the pharmaceutical needs of its population through domestic production.
Carlos Slim

Slim slams Moody’s and S&P’s Mexico downgrades as ‘irrational,’ pledges US $5B in new...

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After his nation's creditworthiness was dealt a blow by downgrades from rating agencies, Mexico's richest man rose to its defense by criticizing Moody's and S&P and pledging US $5 billion in investments.
Marcelo Ebrard

Foreign direct investment in Mexico hit a record high in the first quarter of...

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One of the most dynamic foreign investment destinations is the financial services sector, which increased year-on-year by 28.8%, rising from US $5.321 billion to $6.851 billion. 
President Sheinbaum appears with European Commission President Ursula von der Leyen and European Council President António Costa at the National Palace

Mexico and European Union sign modernized trade deal, eliminating tariffs on 99% of products

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The long-awaited Modernized Global Agreement (MGA) has come to fruition as both sides seek to expand and diversify trade with partners other than the United States.
A view of downtown Mexico City at night

Moody’s cuts Mexico’s credit rating to the lowest investment-grade level

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Moody's joins Fitch and S&P in giving Mexico a barely investment-grade rating, and all three lay a share of the blame on Pemex's subsidies.
2026 Chevrolet Aveo

GM will move assembly of its Groove and Aveo models from China to Mexico

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Starting next year, GM will be assembling those two vehicles at its Ramos Arizpe plant in Coahuila, which began operations 45 years ago.
Samuel García

Nuevo León Gov. García starts his 27th business tour, this time to Europe

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European trips are nothing new for García, but this one's context includes his state's hosting of World Cup games, shifting relations between Mexico and Spain and reports of an FGR investigation.

The MND Economy Index™ for March 2026

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If you follow news about Mexico, you have almost certainly encountered two very different narratives about how the economy is performing. Today, we're introducing our latest initiative to provide a realistic, data-backed and broad measure of the Mexican economy, month by month.
European Union Flags Waving In Brussels Opposite The European Commission Building

Mexico-EU trade deal promises legal certainty for billions in transatlantic investment

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El Economista also reported that under the terms of the Mexico-EU Modernized Global Agreement (MGA) — which is to be signed on Friday — EU companies in Mexico and Mexican companies in the EU must receive the same treatment as local companies.
Finance Minister Édgar Amador gives a speech

‘Mexico is ready to grow’: Finance minister pushes back on S&P’s negative outlook

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After S&P revised Mexico's credit outlook to 'negative,' Finance Minister Amador lays out a plan to restore confidence and reverse the downgrade.
perceptions graph

Opinion: What would a regional utopia look like? Part 8

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Mexico’s brand isn’t broken; it’s just under-marketed. We must work on perceptions as hard as we work on any policy initiative, argues the CEO of AmCham Pedro Casas.
S&P logo

S&P downgrades Mexico’s rating and sees just 1% growth in 2026

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The Finance Ministry noted that even the lowered rating keeps Mexico within what's considered investment grade, but it too lowered its GDP growth forecast from 3.0% to 2.3%.
Reforma Avenue with a rainstorm overhead

Doing business in Mexico is getting more complex, per TMF Group Index

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TMF Group cited frequent regulatory changes, unpredictable administrative requirements, evolving digital requirements and unclear expectations by the tax authorities as the main reasons for Mexico’s high ranking.