The United States and Mexico recently reached an agreement pertaining to the regulation of oil and gas regulations along the two countries shared Gulf of Mexico border. If this Transboundary Agreement is put into law, the United States and Mexico would have respective rights to supervise oil and gas… activities that could affect the environment. The U.S. Secretary of the Interior, Ken Salazar explained the newly formulated agreement between the two countries, “Each of the nations will maintain sovereignty and their own regulatory systems.” He went on to state, “But what this signifies, and what may be the most significant part of the agreement, is that we’re moving forward jointly with Mexico to ensure we have a common set of safety protocols.” The agreement would also permit the Mexican oil company, Petróleos Mexicanos (Pemex), as well as leading oil companies in the United States, to develop oil reservoirs in cooperation with one another along the shared Gulf of Mexico border.
During her recent visit to Mexico City, Under-Secretary of State for Foreign Affairs of Italy, Marta Dassù stated that Mexico is… becoming a profitable economic market for Italy. More and more Italian businesses, both big and small, are interested in investing and trading with Mexico because of favorable market conditions within the country. This is projected to fortify diplomatic relations between Mexico and Italy. At the Italian Embassy in Mexico, Dassù met with influential individuals in the entrepreneurial sector of the economy, including representatives from Enel Green Power and Ferrero. In addition, Under-Secretary Dassù recently attended the G20 Meeting in Los Cabos, Mexico on February 19-20.
The Mexican government has been supportive of the development of biotech crops, including corn, while recognizing the genetic diversity of native corn species.
Despite economic unrest in both Europe and the United States, foreign investors have sought alternative methods of investment in Mexico… during the first nine months of the year. During the first three quarters of 2011, Mexico’s central bank stated that a record $24.1 billion was invested in the government fixed income market. That is an increase from the previous record of $23.1 billion investment mark set last year. According to Mexican Government officials, it remains to be seen if this upward trend will continue.
Mexico has the lowest tax burden among the most developed economies in the world, according to a recent report from the Organization for Economic Cooperation and Development (OECD). In its annual report, OECD detailed the tax burdens in place during 2010. The report shows that Mexico has the lowest tax to GDP ratio at 18.7%. …
In June 2012, world leaders will convene in Los Cabos, Mexico to discuss measures to promote the financial stability of the world and how to achieve sustainable economic growth and development at the G-20 Summit. This meeting marks the first time in history that a Latin American country is hosting the… summit, an event that brings together top Finance Ministers and Central Bank Governors every year.
The United States government recently announced that it is opening its trusted traveler program, Global Entry, to Mexican citizens who are visiting the… United States. Mexican travelers to the U.S. will be able to visit automated kiosks at a variety of different international airports to undergo procedures for the Global Entry program. U.S. Ambassador Anthony Wayne stated, “Our Customs and Border Protection agency is supporting the National Migration Institute in the development of a Global Entry program for Mexico, which we expect to be launched in the first six months of 2012.”
The Federal program for health care in Mexico, Seguro Popular, is available to all Mexicans. The historical goal of 100% universal coverage… will be achieved very, very soon! For the latest on health care in Mexico, Mexico social programs, visit http://MexicoToday.org
U.S. Ambassador to Mexico Anthony Wayne and Secretary of Health Salomón Chertorivski Woldenberg met with each other to discuss issues relating to the health of their respective countries. The U.S. Centers for Disease Control (CDC) and the Mexican Government hope to work together to ensure developments in the health sector of both… populations. U.S. Ambassador to Mexico Anthony Wayne stated, “We decided to set up this meeting to being talks with the SSA (Federal Health Secretariat) on several critical matters that concern the health sector. The air of it all is to coordinate and create projects that are beneficial to Mexico and the U.S.” He also stated, “U.S. officials already have a high level of engagement with their Mexican counterparts for engaging in epidemiological research and coordinating for outbreaks of influenza or other diseases; and in the near future an epidemiologist from the U.S. Centers for Disease Control (CDC) will be joining the embassy to engage with SALUD on a number of critical studies and coordination projects. Our shared border and susceptibility to a range of infectious diseases underscores the importance of this continued cooperation.”
In 2006, it was confirmed that breast cancer was the first cause of death among Mexican women. For this reason, 20 of the most emblematic monuments of Mexico City were illuminated with pink lights this month of October. In the context of what is referred to in Spanish as the Breast Cancer Total Care… Program, the illumination of these buildings and monuments is a symbolic reminder to Mexican women that they schedule a mammogram screening or complete a breast self test.
Mexican President Felipe Calderón claimed earlier in the year that Mexico had the highest rate of obese children in the world. Therefore, Mexico has recently taken certain steps in order to tackle childhood obesity. Public pre-kindergarten and elementary schools, for example, have banned junk food from… being allowed in their schools. Along with this, middle schools are now only selling sugar-free drinks and low-calorie snacks as a way to combat childhood obesity and turn Mexico into a healthier environment.
The influx of recyclable bags and new recycling policies in Mexico is benefiting the economy, the job sector, and the environment. The… Managing Director of Falcon Plastics de México SA de CV, Juan Antonio Hernández, stated, “Right now many people are collecting plastic bags and selling them and the price is going up.” He went on to say, “Material is expensive but there’s more of it.”
The embassy of Mexico in Nigeria is in the process of planning an environmental seminar in conjunction with the Center for Climate Change and Environmental… Studies of Nigeria. The seminar hopes to generate a heightened sense of awareness on the environmental issues that Abuja faces today. The seminar is anticipated to spread consciousness on the front of both the Nigerian government and the general public in Nigeria. The seminar will also prepare the country, according to the Ambassador of Mexico in Nigeria, Luis Alberto Barrero Stahl, for the 17th Conference of the Parties (COP) to the Framework Convention of the United Nations on Climate Change and the 17th Conference of the Parties to the Kyoto Protocol that will take place in South Africa next month.
Mexico is an attractive location for many international corporations due to its low manufacturing costs and favorable regulations. The… nation’s IMMEX system plays a large role in this, and Mexican President Felipe Calderón recently extended corporate tax break incentives under IMMEX until December 31, 2012.
Mexico has been steering a variety of fields, including the automotive, aerospace and textile industries. Most recently, the promulgation of a constitutional reform that recognizes the right to food in the country would make Mexico a leader in hunger prevention issues. …