Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies.
Mexico’s Foreign Min Luis Videgaray said that there was basis to be reasonably optimistic about the survival of the NAFTA between the United States, Canada and Mexico.
Canada’s chief negotiator at talks to modernize NAFTA said the US aimed to weaken Canada and Mexico.
Mexico’s EcoMin Guajardo said that the country had to be realistic about the rules of origin for automobiles under the NAFTA, saying that the current level will change.
Mexico’s consumer confidence index dipped to 85.9 in Jan when adjusted for seasonal factors, falling 3.1 pc from the previous month, the national statistics agency said.
The U.S. trade deficit widened more than expected in December, hitting its highest level since 2008 as robust domestic demand pushed imports to a record high.
Israel’s education minister said he was “honoured” Poland had cancelled his visit to Warsaw this week because he refused to back off of condemnation of a bill.
The foreign ministers of Canada and Mexico have said the current renegotiation of the NAFTA will end up with a "win-win-win" situation for North America.
Canadian Prime Minister Justin Trudeau said in an interview he does not think Trump will pull out of NAFTA, despite differences over how to update the trade pact.
Autos officials hopeful that industry can avoid a NAFTA disaster.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1