Tag Archives: exports

AMLO to Go after US Mining Company for Exporting Gravel

By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) said Monday, May 2, said that he will bring legal action against the Mexican-Alabama joint venture mining corporation Calica Legacy Vulcán for extracting gravel for export, rather than for local consumption. During his daily morning presser, López Obrador said that, from a flyover of Calica-Legacy Vulcan he

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Bangladeshi Envoy Sees $500 Million in Sales to Mexico by 2024

By IMTIAZ AHMED DHAKA, Bangladesh — Although two-way combined trade between Mexico and Bangladesh currently amounts to less than $340 million a year, that country’s ambassador to Mexico said last week that the South Asian nation could be exporting as much as $500 million a year in readymade garments to the Latin American nation by the end of 2024. As

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Bangladeshi Envoy Touts Nation’s Economic Successes

By THÉRÈSE MARGOLIS Bangladeshi Ambassador to Mexico Abida Islam hosted a lavish, sit-down buffet luncheon for friends and colleagues at Mexico City’s María Isabel Sheraton Hotel on Thursday, March 31, to mark the 51st anniversary of her nation’s independence. “In 2021, Bangladesh commemorated its Golden Jubilee of Independence, but due to the covid-19 pandemic, we could not celebrate that event,”

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Mexico Looking to Reduce Yellow Corn Imports as Prices Soar

By THE PULSE NEWS MEXICO STAFF Mexico’s Agriculture and Rural Development (Sader) Secretary Víctor Villalobos said  Friday, March 18, that if the country’s production of yellow corn increases by at least 8 million tons, Mexico will be able to declare itself self-sufficient and stop importing by the end of President Andrés Manuel López Obrador’s (AMLO) six-year term in 2024. “We

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Though Mexico Exports Crude, High Oil Prices Hurt Economy

By THE PULSE NEWS MEXICO STAFF Although Mexico exports crude oil, it is a net importer of carbon-based fuel, meaning that it imports more oil products than it imports. Consequently, the surging price of international oil, and by extension, all oil-based products, such as gasoline, will negatively impact Mexico’s finances, Janneth Quiroz Zamora, deputy director of economic analysis at the

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Footwear Expo Set to Open in León, Guanajuato

By THÉRÈSE MARGOLIS The 86th edition of Sapica, Mexico’s largest footwear and leather goods expo, is set to open at the Poliforum in the central city of León, Guanajuato, on March 8, with more than 2,000 shoe brands participating. León is Mexico’s shoe-making capital, producing about 80 percent of all footwear made in the country. The three-day event, which is

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The Devastating Effects of Michoacan’s Green Gold Business

By JESSICA GUERRERO MORELIA, Michoacán —  The overexploitation of soil in Mexico’s wester central state of Michoacán, caused by the cultivation of avocados, has produced drastic effects on the environment and the endemic ecosystems of that state. Mexico is the center of global avocado production, specifically the central region of the country. Today, at least 135,000 hectares of Michoacán — Mexico’s

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CDC Warning on Chihuahua Onions Threaten Mexican Farmers

By THÉRÈSE MARGOLIS Mexican onion exporters took a big hit when the U.S. Center for Disease Control and Prevention (CDC) issued a warning on Wednesday, Oct. 20, saying that fresh whole red, white and yellow onions from the northern state of Chihuahua were responsible for a salmonella outbreak that has impacted 37 U.S. states and sickened at least 600 people

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