A famous Mexican president once said, “Poor Mexico, so far from God, so close to the U.S.” Little did he know at the time that such proximity would someday hold tremendous economic opportunity.
Continue reading “Seizing Golden Opportunities in Mexico Through Nearshoring”
曾有一任墨西哥总统说过这样一句名言：“可怜的墨西哥，离上帝这么远，离美国这么近。” 当然，他当时并不知道，这种天然的比邻关系会有一天给墨西哥的经济带来机会。 Continue reading “抓住墨西哥近岸外包的黄金机会！”
On January 26, 2022, the Pacific Alliance and Singapore signed the Free Trade Agreement (Agreement) at the 16th Summit of the Pacific Alliance. With the signature of the Agreement, Singapore became a member state of this international organization, whose members are Colombia, Chile, Mexico and Peru.
Continue reading “Singapore and Pacific Alliance Sign Free Trade Agreement”
On July 22, 2021, Mr. Gan Kim Yong, Singapore’s Minister of Trade and Industry, together with his counterparts from the members states of the Pacific Alliance – Mexico, Chile, Colombia, and Peru, announced the conclusion of negotiations of the Pacific Alliance – Singapore Free Trade Agreement (PASFTA).
Singapore will become the first Asian-Pacific associate state of the Pacific Alliance (“PA” or “Alliance”) once the pact is signed, which is expected to happen by the end of the year. This is an important milestone in the economic integration between the PA region and Asia-Pacific and is a crucial development for the necessary economic reactivation of the two regions.
The Ministers of Trade agreed that the PASFTA represents an interest in the economic integration of the regions and the improvement of the commercial relationship, attracting investments and expanding access to goods and services. In particular, The PASFTA will enhance trade and deepen cooperation in areas like the digital economy, energy sector, technology, urban solutions, customs, maritime services, and infrastructure.
Latin American and Singapore businesses should take note of this development and where possible, take advantage of the significant trade opportunities and economic growth that this trade agreement will generate.
The Pacific Alliance: main objectives and member Continue reading “Negotiations have concluded for the “Pacific Alliance – Singapore Free Trade Agreement” (PASFTA).”
