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Showing posts from July, 2019

Memorandum of Understanding for KRMUN 2019 ( Allotment : United States )

Memorandum of Understanding Between the United States of America & All Signed Parties This document constitutes an understanding between the United States through the USTR ( United States Trade Representative ), with ( “Agreed Party ”)to facilitate the development of protectionist policies through Tariffs, Non-Tariffs and Quotas. 1. Objective The objective of this MOU is to express the willingness of both parties to engage in an effort to promote the protectionist policy of the Agreed Party as well as it’s activities to develop and expand relationships with trade administration counterparts of the United States  .  Specific activities under this MOU will be identified through consultation between the two parties.  The United States agrees to provide technical and economical assistance to abet the Agreed Party to carry out activities that will improve or expand the non-existing or pre-existing trade policies to enrich protectionism...

Adoption and Interoperability of Mobile Money In Mexico

Mexico has one of the most diverse financial services landscapes in all of Latin America, including about 250 fintech firms. In fact, 35 percent of the fintech companies in Latin America that serve people left behind by traditional banks are in Mexico, according to fintech start-up accelerator Finnovista. They also project that Mexico’s fintech space could dominate nearly a third of the banking sector within a decade. Mexico’s economy is growing and maturing as the country embraces technical innovation to complement its established exports market. As a result, the country is peaking the interest of the world’s investors and its mobile money market is helping to drive  this change. This is because Mexico’s mobile money market is evolving and innovating in a range of ways to provide a robust infrastructure for investors. The country’s central bank (Banco de México) established an interbank payments system (Sistema de Pagos Electrónicos Interbancarios or SPEI) for low-value tr...