>o&*a •M i »Xítr** «•e. 4RR« Mexico offers US companies opportunities Cabinet Minister, Consulate promote development bx S eam C ruz Mexico is experiencing its second largest flow o f foreign investment in national history as companies from around the world move to take advantage of its econom ic recovery from the peso crash o f December 1994, and the new legal and financial frameworks the Mex­ ican government has instituted to promote infrastructure and natural resources develop­ ment as well as international trade. MAQUILADORAS ARE TIP OF ICEBERG While maquiladoras—foreign assembly or manufacturing plants—have been the enter­ prises receiving the most notice in the US press, it is investments in infrastructure and sustainable natural resources development that are o f paramount concern to the Mexican nation M exico’s Secretary o f the Environment, N atural R esources and Fisheries, Julia Carabias Lillo, was in Portland recently to provide information about natural resourc­ es development policy at the highest level. Speaking at the Northwest-Mexico Environ­ mental Conference in October 17, Secretary Carabias and two key Mexican experts dis­ cussed a variety o f issues pertaining to devel­ opment opportunities. Apart from M exico’s strategic location- on the Pacific Rim to the West, facing Europe on the East, the political and logistical key to trade between North and South A m erica- there are a host o f reasons why Mexico is an increasingly attractive target for US invest­ ment. MEXICO OPEN TO SUSTAINABLE DEVELOPMENT Perhaps chief among them is the fact that Mexico has recognized that a key component o f improving the country’s environmental infrastructure lies in the participation o f the private sector in providing natural resources development and environmental technolo­ gies, equipment and services. To facilitate this end, the government has made funda­ mental changes to constitutional and regula­ tory law and created a Cabinet-level post to promote and oversee development. Secretary Lillo, a long-time environmen­ talist and former President o f the National Institute o f Ecology, was appointed to lead the newly-formed Ministry o f the Environ­ ment, Natural Resources and Fisheries in 1994. Her organization will also coordinate irrigation and drinking water, solid waste, air quality, and forest projects. Each o f these development activities will involve partner­ ships with the Mexican government. "We want to be partners, not clients,” the Secre­ tary stated. PROJECTS ARE OPEN TO US BIDDING The Ministry is specifically encouraging US firms to bid on a wide variety o f projects, among them: sustainable aquaculture, with current projects in softshell crabs, frog legs, scallops, seed scallops, and mollusks (oyster and clams); potable water delivery and stor­ age systems: and sewer and solid waste infra­ structure. Current investment requirements in irrigation projects alone is estimated at $2.5 billion dollars. In addition to construction contracts, Mex­ ico is structuring bidding to offer long-term management opportunities to US firms that specialize in operating and maintaining in­ frastructure. Secretary Lillo noted that since 1994, the largest 100 foreign-owned companies oper­ ating in Mexico have increased their invest­ ments by 50%. COMMERCIAL PLANTATIONS ARE HOT She stated that commercial plantations offer some o f the most important develop­ ment opportunities in Mexico, where soil compositions and climate combine to make a substantially shorter growing cycle than in the United S tates-8 to 15 years for forestry cuts as opposed to 25 to 30 years—and where the biological diversity is among the richest on the planet. Mexico also offers substantial potential in fisheries, where a need to convert to deeper water fishing and to modernize processing and packing facilities is recognized. O f the 73,000 commercial fishing boats currently operating from Mexican ports, only 3,000 are capable o f deep sea operations. MEXICAN ECONOMY MOVING UP Speaking on the state o f the Mexican econ­ omy, Dr. Juan Carlos Belausteguigoita, an expert in environmental economics for the Ministry ofthe Environment, staled that chief among the economic indicators which have contributed to the enthusiasm o f foreign in­ vestors have been: the inflation rate is com­ ing down; unemployment is down; the GNP is growing; the stock market has been on an upward trend since the crash; the exchange rates are stable, and the trade account is healthy. MEXICO US DEBT AHEAD OF SCHEDULE Mexico is also repaying its emergency loan from the US—extended by President Clinton at the peak o fthe 1994 peso c risis- ahead o f schedule. The controversial $20 billion dollars that the US made available to Mexico to avert a social catastrophe has been paid down to only $ 3.5 billion and M exico's international credit rating has moved up­ ward, a direct benefit to both countries. MEXICAN ENVIRONMENTAL POLICY "M exican and environmental and natural resource policy aims at promoting the use of resources and environmental protection in a way that encourages the improvement ofthe quality o f life o f present and future genera­ tions,” the M inistry’s policy paper stated. "A chieving econom ic growth, the tight against poverty and protecting the environ­ ment are the pillars o f sustainable develop­ ment.” MEXICAN CONSUL AIDS OREGON BUSINESS t he Secretary's visit was coordinated by the Mexican Consdlate, the US—Mexico Chamber o f Commerce, and the World Af­ fairs Council o f Oregon. The C o n su ls pres­ ence in Portland provides a means for Ore­ gon companies to discuss opportunities di­ rectly with officials o f the United States o f Mexico (Los I stados Unidos de Mexico is the official name o f our southern neigh­ bor). This visit was the first o f many high-level officials who will come to offer trade and cultural exchange opportunities to Orego­ nians as the Consulate begins operations here. Strengthening America’s Families “Hispanics are making huge strides in ways we could not have even imagined just a generation ago. / don't want any Hispanic child in America to fe el that his or her race is an impediment to fu ll achievement. Every child has a right to the American Dream, and all o f us have a responsibility to nourish that dream, ’’-President Clinton. President Clinton is committed to ensur­ ing that Latinos have the same opportunities as all Americans. The President’s policies strengthen families, create more jobs and business opportunities, and ensure a quality education for all o f our children. President Clinton has addressed the concerns o f the Hispanic-American community by: ♦ Helping to create over 220,000 new hundreds o f positions in our government. From Henry Cisneros, U S. Secretary of Housing, Urban, and Development, and Frederico Pena, U S. Secretary ofTranspor- tation, to the hundreds o f other Latinos who help run our government, there are now more Hispanics in senior-level positions than at any time in our nation's history. I he Presi­ dent has also appointed a record number (16) o f Latinos to the federal, district, and circuit courts; ♦ Signing the I lealth Insurance Reform Act (Kassebaum-Kennedy Bill) which expands and protects access to health insurance by limiting exclusions for pre-existing conditions and al­ lowing individuals to take their insurance with them when they change or lose their jobs. businesses owned by Hispanic Americans. The Clinton Administration has made new tax cuts available to over 90 percent o f all small businesses; ♦ Expandingthe Earned Income Tax Credit (EITC) to provide tax relief for 15 million working families so parents do not have to raise their children poverty; ♦ Standing up for the governm ent’s affir­ mative action programs an concluding that they are still effective and important tools to expand education and economic opportunity forall Americans. President Clinton wants to "mend, not end” affirmative action; ♦ Appointing the most diverse Cabinet and Administration in history. The President ■reached out to the Latino community to fill was punctuated by well-rehearsed cheers sort o f a pep rally with long hair, black jeans and nose rings. “Their blood (ofthe 1968 victims) was not in vain,” Luis Jorge Pena, a veteran the 1968 movement, told Reuters during the march “The government can’t do today what they did then. They shot students just for painting insignias on the walls.” “The PR I doesn't stand a chance with the young people o f today,” added Federico Emery, another o f the 1968 student leaders who marched at the front o f the line. Several students spoke o f “class aware­ ness” and the desire to see an abrupt end to the reign o f the PRI, while others praised the Maya Indian-based Zapatista guerrillas in southern Chiapas state or the Popular Revo­ lutionary Army (EPR) operating in several central-south Mexican states. “The government is murdering peasants,” said one young man with a can o f spray paint and a T-shirt on which Zapatista leader Subcommander Marcos was pictured. “The issues o f 1968 are the same today.” November 2 is Dia de los Muertos. or the Day o f the Dead. Each year, Mexicans honor the memory of our ancestors on November 2 with fiestas (parties), ofrendas (gifts) and calaveras (skeletons). The holiday is called el Dia de los Muertos, or the Day of the Dead. Artwork courtesy of the Miracle Theater Group. United Farm Workers persevere Tlatelolco remembered On Oct. 2, 1968, just days before Mexico City was to host the Olympic Games, a grow­ ing student protest movement to free political prisoners and demand more democracy was crushed when police opened fire, killing an estimated 300 people. The 1968 crackdown silenced the protests, but also brought international scorn on Mex­ ico It is widely seen to have led to guerrilla movements o f the 1970s, and today is a prick­ ly annual reminder for the government that discontent is endemic. The protesters sought to recall the tragedy but also to unload ire and sarcasm on Presi­ dent Ernesto Zedillo, denounce the army and, in some cases, show support for current guer­ rilla forces in the Mexican countryside The new generation o f protesters, mostly students but also includ ing a wide array o f left- wing groups, clearly revelled in calling for the ouster o f the ruling Institutional Revolution­ ary Party (PR I) that has governed for 67 years. At least 10,000 converged on the Zocalo, Mexico City’s main plaza, to hear a series ot political speeches. The air ot heady idealism El dia de los Muertos When Cesar Chavez died in 1993, people thought it was the end o f the United Farm Workers. But they were wrong, says Dolores I w h » rn - fn im d e d tht* u n io n w ith C h a v C 7 In the past three years, the union has added 5,000 members, and organizers are working with mushroom pickers in Florida and more than I 5.000 strawberry Dickers in California, S U B S C and that owners have plowed under the straw­ berry crop and fired workers rather than recognize the union. And most states still do not have w orkers’ P T I 0 Subscribe to the Observer and receive the Observador also! Only $30 for one year! Suscríbase al Observer y reciba el Observador también! Solamente $30 por un año! Cali (503) 288-0033 To Subscribe Or write lo : The Portland Observador, 4747 NE MLK Blvd., Portland, OR 47211.