Weekly Bulletin  #  276                               Friday, September 2, 2005   

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Round.gif (60 bytes) NEWS Round.gif (60 bytes) ARTICLE OF THE WEEK
Round.gif (60 bytes) MEXICO'S WEEKLY HEADLINES Round.gif (60 bytes) NEW THIS WEEK
 
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 . NEWS

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Round.gif (60 bytes) Mexican economy looses attraction
Mexican economy is quickly loosing attraction for foreign investors; they have chosen to reinvest profit rather than bringing fresh capital to Mexico. The decrease in new investment and the increase in profit reinvestment was clearly seen in the first semesters of 2002 and 2003, and deepened in 2005. During the term January-June, 2004, the sale of banks was taken as new investment; therefore,

Source: Financiero fleder.gif (1232 bytes) more information


Round.gif (60 bytes) Manufacturing hit by cooling; 1.5% drop
In the first six months of the year employment in manufacturing sector suffered a decrease in the two industries that make it up. According to figures from National Statistics, Geography and Informatics Institute (Instituto Nacional de Estadística, Geografía e Informática - INEGI), in the above-mentioned term personnel working in processing industry was reduced in 1.5% as compared

Source: El Economista fleder.gif (1232 bytes) more information


Round.gif (60 bytes) Maquila employment up 4.2%
Mexico City - National Statistics, Geography and Informatics Institute (Instituto Nacional de. Estadística, Geografía e Informática - INEGI) informed that Export Maquiladora Industry employed throughout Mexico 1'173,193 people in June 2005, a figure 4.2% larger than the one registered the previous month. The raise in the number of employed persons is explained by the increase

Source: Grupo Reforma fleder.gif (1232 bytes) more information


Round.gif (60 bytes) Sylvania will manufacture 3 million lamps
Osram Sylvania started yesterday the construction of a new plant in Antonio J. Bermúdez Industrial Park, Ciudad Juarez, where 3 million lamps will be assembled every year for different uses, in addition to generating 250 new jobs as of next February. With this, the Company will reach 850 jobs in this city. Jeff Huffman, the Company's Global Operations Vice-president pointed- out the importance this

Source: Diario Ciudad Juarez fleder.gif (1232 bytes) more information


Round.gif (60 bytes) Mexico falls in new investment
Mexico City - México is loosing attraction for foreign capital. In the first half of this year foreign investment by new companies had its lowest level for a similar term since 1993. Fresh resources brought by companies establishing for the first time in Mexico reached US$12.127 million, a figure so low that can be compared to one month and 11 days of remittances sent by Mexican workers in the USA.

Source: Grupo Reforma fleder.gif (1232 bytes) more information


Round.gif (60 bytes) Ministry of the Economy cancels "March towards South" Programs
Mexico City - A year before the end of this administration, the trust for March Towards South Program will be suspended, because it did not achieve the goals set to generate and keep employment, and therefore there are even proceedings filed against 35 of the companies that received resources. Sources that requested to stay anonymous said already started removing equipment

Source: El Norte fleder.gif (1232 bytes) more information


Round.gif (60 bytes) Maquilador sector promoted in the USA
Invited by the Security and Prosperity Partnership of North America (SPPNA), executive officers of Mexican maquiladora companies traveled to Washington last Monday and Tuesday to hold interviews with high level government officers, to whom they informed the security, housing, education, environmental and employment programs, among others, being applied in Mexico. Tomas Mena Sanchez, Maquiladoras Association Chairman said

Source: Diario Ciudad Juarez fleder.gif (1232 bytes) more information



Mancera Ernst & Young

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ARTICLE OF THE WEEK

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New Provisions for Meat Products
By Baker & McKenzie

Official Mexican Standard NOM-213-SSA1-2002 entitled "Products and Services. Processed Meat Products. Sanitary Specifications. Verification Methods" ("NOM-213") was published on the Federal Official Gazette, on July 11, 2005. NOM-213 is applicable for parties that process or import meat products, and it will become effective on September 11, 2005.

The NOM-213 includes in its definition of meat products those generated from mammals or poultry. Establishes maximum allowable additive limits for five microorganisms and parasites, and it regulates the presence of arsenic, cadmium, tin and lead. Establishes particular obligations in the use of products in a preparation process. It also imposes specific requirements for establishments where meat products are processed, as well as for the importers, the personnel who manages them, distributors and locations for the sale to the public.

Parties requiring to comply with NOM-213 will have to prepare several logs or databases, containing objective and auditable evidence of the executed activities or that provides the results obtained during meat processing activities. These logs must be prepared in each of the following activities: (i) raw materials storage (ii) processed meat products storage (iii) raw material sanitary parameters and (iv) processed meat product sanitary parameters (v) control and eradication of harmful fauna (vi) disinfection of equipment and transportation means (vii) meat production process. All the logs must be kept for at least for 1 year and will have to be shown to the regulators upon request.

NOM-213 imposes labeling requirement for processed meat products in addition to those established by NOM-051-SCFI-1994. The processed meat product label must show the recognition or acceptance of a national or international organization. This recognition must have technical support, which will be available for authority at any time. The label must contain the specific name of the product's ingredients, as well as its production and expiration dates.

NOM-213 contains special packaging provisions for these products. These provisions include the characteristics of the packaging material to the labeling that must be visible to the public. The authority responsible for overseeing the compliance with the requirements established by NOM-213 is the Ministry of Health. This authority may impose warnings, fines, temporary or definitive shut downs in accordance to the provisions established by the General Health Law.


 

MEXICO'S WEEKLY HEADLINES

 
» Mexico’s stays between countries with excessively expensive
telephony
» Remittances reached US$9.278 million in first semester of 2005
» Ferromex will invest US$200 million in infrastructure
» Mexico’s distribution of electricity increased 0.5%
» Mexico and China alliance proposed to avoid markets fight
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EVENTS
2005

August / September


MEXICO'S AUTO INDUSTRY CONFERENCE
Saltillo, Coah., Mexico
7-9 September

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Chihuahua, Chih., Mexico
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13-15 September

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28-30 September

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