Tag Archives: trade

Governor’s Office Holds Virtual Trade Week

The Texas Governor’s Office invites Texas companies to join them on a Virtual Trade Mission across Latin America Dec. 13-16. The event will be a week to learn about trade and business opportunities between Argentina, Colombia, Ecuador, Mexico, Panama and Texas. Participants will receive: Texas & Countries Market Overview: Business environment, challenges and opportunities with sectoral emphasis and industries with major business opportunities. Gain inspiration for potential new ways to do…

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U.S.-Mexico-Canada Agreement Enters Into Force

USMCA

On July 1, the U.S.-Mexico-Canada Agreement entered into force, officially replacing the North American Free Trade Agreement. USMCA is the first trade agreement ever to include a full chapter dedicated to small business interests. The modernization of trade with Mexico and Canada under USMCA is designed to benefit U.S. small businesses. It will also ensure more balanced trade. U.S. companies with fewer than 500 employees comprise 65 to 70 percent…

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INNO Discusses a “New Era” for Trade

Jose Espinosa Alvarez, an instructor at Universidad Autonoma de Tamaulipas, speaks at STC’s 7th annual INNO Conference Nov. 1.

South Texas College’s seventh annual Binational Innovation Conference (INNO) took place Nov. 1. This year’s conference brought together those from industry, education and economic development. Each brought pertinent information with a focus on both innovation and the impact of students on the future workforce. “A New Era of Manufacturing in South Texas and Northern Mexico” centered primarily on the United States-Mexico-Canada Agreement. The proposed agreement looks to modernize the 24-year-old…

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SBA Funds to Expand Small Business Exporting

STEP

The Texas Department of Agriculture is the recipient of a $500,000 grant from the U.S. Small Business Administration to support export growth among small businesses. The funds come through SBA’s competitive State Trade Expansion Program. “STEP is a great example of a true export development and promotion tool for preparing U.S. small businesses for international opportunities,” said District Director Angela Burton. “STEP grant awardees will offer the resources to help small businesses…

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Trade Pact Seen as Positive

Keith Patridge, president and chief executive officer of the McAllen Economic Development Corporation, discusses international trade and the possible impact of a new trade agreement. (VBR)

While the United States-Mexico-Canada Agreement, the replacement for the North American Free Trade Agreement, waits for ratification by all three countries involved, indications are that the new trade deal will be good for the South Texas economy, and all along the U.S.-Mexico border. “What was happening under NAFTA, and this was a problem with NAFTA, it opened up plants being able to move to Mexico without any type of restriction…

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The Current State of U.S./Mexico Relations

The future economics between the United States and Mexico will be very interesting. All eyes will be on future trade relations, especially after Dec. 1 due to incoming president Andres Manuel Lopez. With current rocky trade relations between the United States and China, Mexico has plenty to gain under the new NAFTA terms. On Nov. 9, Duncan Wood, director of the Wilson Center’s Mexico Institute, spoke at the McAllen Performing…

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