Mexico is set to see a series of new investments in gold and silver mining projects in 2021, which are expected to be key drivers of economic recovery from the coronavirus pandemic.
Industry
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The global automotive industry took a significant hit last year on the back of a Covid-19-related slump in activity. However, a more positive global outlook is set to boost demand, boding well for automotive manufacturers in emerging markets.
With travel restrictions, closed factories and social distancing measures in place for much of the year, 2020 was particularly challenging for industrial companies around the world. However, despite such constraints many countries were able to successfully repurpose production to meet urgent needs associated with Covid-19, while others look set to benefit from shifting trends in global supply chains.
Economic update | Covid-19 and Mexico: will USMCA intellectual property laws support the recovery?
6 Aug 2020
While Mexico’s economy is being badly hit by Covid-19, the US-Mexico-Canada Agreement (USMCA) – and, in particular, new intellectual property (IP) laws – could potentially boost the long-term prospects of its industrial and pharmaceutical sectors.