US EditionMexico Denies the Impact of the Law Protecting Us Assets and Seeks Dialogue with the Us Company Vulcan.
6 Articles
6 Articles
The U.S. is resisting giving in to Mexico in the struggle of the Vulcan Materials mining company. The U.S. Congress is analyzing the passage of a law that protects the assets of the companies of that country abroad. The proposal—which has already been approved by the House of Representatives and is pending a vote in the Senate—could mean sanctions for the Mexican government, which in 2024 declared the Natural Area Protected from the limestone mi…
MEXICO CITY (AP) — President Claudia Sheinbaum dismissed on Tuesday an impact for Mexico of the regulation approved by the House of Representatives in defense of U.S. properties and to protect the Vulcan Materials quarrying company, with which the Mexican government has for several years maintained a legal dispute over a natural area in the Mexican Caribbean. The legislation approved by the House of Representatives provides sanctions for compani…
MEXICO CITY (AP) — Mayor Claudia Sheinbaum on Tuesday dismissed any potential impact on Mexico from the House of Representatives' regulation protecting U.S. property and the quarrying company Vulcan…
Mexico's Ministry says no expropriation or confiscation of Vulcan Materials' assets
The post Mexico’s Ministry says no expropriation or confiscation of Vulcan Materials’ assets appeared first on Riviera Maya News. Riviera Maya, Q.R. — Mexico’s Ministry of Environment and Natural Resources says there was no expropriation or confiscation of Vulcan Materials’ assets. The Ministry clarified… The post Mexico’s Ministry says no expropriation or confiscation of Vulcan Materials’ assets appeared first on Riviera Maya News.
The U.S. Congress is discussing a law reform initiative to defend U.S. companies abroad, in case of expropriations. Protected Zone since 2024 Mexico's president Claudia Sheinbaum Pardo said that the possible law does not apply to Calica, the company that carries out mining work in Quintana Roo and whose jobs are suspended, because they exceeded the environmental impact limit in the area, Protected Natural Area (ANP), since 2024. “In the case of …
Cancún, QRoo.- During her morning conference, President Claudia Sheinbaum said that there will be no impact in Mexico on the recent initiative approved in the neighboring country of the North that protects U.S. properties abroad, in reference to the particular case of the Calica mine, owned by the U.S. mining company Vulcan Materials in Playa del Carmen. “It has no impact because there was no expropriation, clearly the law refers to expropriatio…
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