To comply with the AMLO government’s austerity policies, Mexico’s Secretariat of Economy will close representations in Belgium, Canada, China, France, Japan and Uruguay.
Through a statement, the agency informed that the closure will take place no later than October 31st this year, in accordance with the provisions of the Federal Law on Republican Austerity promoted by President Andrés Manuel López Obrador.
“The foregoing, in accordance with the provisions of articles 3, second paragraph and 55 of the Internal Regulations of the Secretariat of Economy. For this, they must carry out the necessary actions that allow an orderly closure and in strict adherence to the applicable regulations, ”indicates the document signed by the Federal Economy Secretary, Graciela Márquez Colín.
When closing these commercial representations, the Economy Secretriat would be left with only two venues: one in Geneva, Switzerland and the other in Washington D.C, United States.
In the statement they also announce the repatriation of their staff no later than October 31st, 2019.
Julio Rodríguez, National Vice President of Foreign Trade and International Affairs considered that this measure is contradictory with the message of “market diversification” that was supposed to be promoted by the Mexican government.
El sonado discurso de diversificación de mercados se aleja mucho de la realidad dictada por la Ley Federal de Austeridad Republicana y el consecuente cierre de las representaciones comerciales. ¿Así se planea dejar de depender del mercado Norteamericano? https://t.co/3N0f2fS51v
— Julio Rodríguez (@JulioComercioE) 23 de agosto de 2019
“The so-called “market diversification” promoted by the government couldn’t be farther away from the reality dictated by the Federal Law of Republican Austerity and the consequent closing of international commercial representations. Is this how we want to stop relying on the North American market?” Julio Rodríguez tweeted.
Source: The Baja Post
more recommended stories
Teen Girl Forced To Wait In Mexico Under Trump’s Asylum Policies Nearly Drowned
MATAMOROS, Mexico — The surface of.
US narcotics agent admits role in drug trafficking scheme
NEW YORK (AP) — A federal.
Mexican entrepreneur Javier Burillo Azcárraga arrested in California for the murder of his son
Property records show that a man.
Street closures in Mérida due to Nobel Peace Prize Summit 2019
From Tuesday 17th and until Sunday.
The Yucatan Times Top 5 Women for 2019
Worldwide, women have been underrepresented in.
Mexican Real Estate and Finance expert endorses the “Tren Maya” project
Victor Manuel Requejo Hernández was born.
Chinese company to invest 90 million USD in Yucatán
HUNUCMÁ, YUCATÁN.— On Sep. 17th, the.
How online writers are helping students gain good grades
A student’s college essay is an.
AMLO’s amnesty law eyes reprieve for minor drug offenses and abortions
MEXICO CITY (REUTERS) – Mexican President.
Long weekend fails to meet expectations in Riviera Maya and Playa del Carmen
PLAYA DEL CARMEN, SOLIDARITY, September 13.-.