Mexico, without a doubt, took a very hard hit in 2009. Virtually everyone north of the border wrote off Mexico in 2009 and pretty much for the next couple of years. Brazil and most of the rest of Latin America were supposedly already recuperating from the crisis and growing again in the black, even in the last quarter of 2009. Therefore, both Latin America and the BRIC markets (Brazil, Russia, India, and China) were supposed to greatly out pace Mexico in trade during the next few years, and therefore they were supposed be better markets for US products and services.
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Archive for May, 2010
Mexico’s 2009 Death was Greatly Exaggerated
Wednesday, May 19th, 2010CONAGUA Budget – Theme of the Quarter
Wednesday, May 19th, 2010The Mexican National Water Commission (CONAGUA) is the primary federal government entity in charge of water sector infrastructure projects. It has central offices in Mexico City, plus regional offices responsible for 13 regional river basin organizations and at least one office in every state to interface with local water authorities. CONAGUA provides significant funding to the 31 Mexican state and hundreds of municipal water commissions/districts to carry out projects. Small states rely extensively on CONAGUA’s federal funds for projects, while larger states often use primarily local funds. However, most projects rely on CONAGUA funding and assistance.
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CONAGUA will Develop New Water Norms in 2010
Tuesday, May 11th, 2010CONAGUA General Director Jose Luis Luege Tamargo announced a stronger commitment by the Mexican federal water commission to develop new and better water usage norms or standards that will allow for an improved balance between human and environmental water needs. He specifically discussed a new norm to establish the minimum flow levels for river basins to ensure their preservation and allow for the recuperation of caudal ecosystems.
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