Mexican small businesses ask incoming gov't to review structural reforms

Source: Xinhua    2018-07-05 10:54:37

MEXICO CITY, July 4 (Xinhua) -- An association of small- and medium-sized businesses in Mexico said Wednesday that it will ask the incoming government to re-examine the structural reforms launched by the current government.

The Latin American Association of Micro, Small and Medium Businesses (ALAMPYME) said that the reforms enacted by President Enrique Pena Nieto's government have damaged small businesses.

ALAMPYME president, Alejandro Salcedo, said he wanted to meet the newly elected government, headed by Andres Manuel Lopez Obrador, to review the effects that fiscal, energy, education and labor reforms have had on small- and medium-sized enterprises(SMEs).

According to Salcedo, ALAMPYME also seeks to review the contracts that Pena Nieto's government signed with private companies. Lopez Obrador vowed to cut excessive government spending during his presidential campaign.

The president-elect met with members of Mexico's influential Business Coordination Council on Wednesday, during which he reiterated his respect for the business community.

"In an environment of mutual respect and unity to promote Mexico's development, we held an authentic work meeting with the members of the Business Coordination Council," he tweeted after the meeting.

Lopez Obrador, a 64-year-old politician and former mayor of Mexico City, won the Mexican presidential election on Sunday with 53 percent of the vote. His National Regeneration Movement party also clinched a majority in the congress.

The president-elect will be sworn in on Dec 1.

Editor: Chengcheng
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Mexican small businesses ask incoming gov't to review structural reforms

Source: Xinhua 2018-07-05 10:54:37

MEXICO CITY, July 4 (Xinhua) -- An association of small- and medium-sized businesses in Mexico said Wednesday that it will ask the incoming government to re-examine the structural reforms launched by the current government.

The Latin American Association of Micro, Small and Medium Businesses (ALAMPYME) said that the reforms enacted by President Enrique Pena Nieto's government have damaged small businesses.

ALAMPYME president, Alejandro Salcedo, said he wanted to meet the newly elected government, headed by Andres Manuel Lopez Obrador, to review the effects that fiscal, energy, education and labor reforms have had on small- and medium-sized enterprises(SMEs).

According to Salcedo, ALAMPYME also seeks to review the contracts that Pena Nieto's government signed with private companies. Lopez Obrador vowed to cut excessive government spending during his presidential campaign.

The president-elect met with members of Mexico's influential Business Coordination Council on Wednesday, during which he reiterated his respect for the business community.

"In an environment of mutual respect and unity to promote Mexico's development, we held an authentic work meeting with the members of the Business Coordination Council," he tweeted after the meeting.

Lopez Obrador, a 64-year-old politician and former mayor of Mexico City, won the Mexican presidential election on Sunday with 53 percent of the vote. His National Regeneration Movement party also clinched a majority in the congress.

The president-elect will be sworn in on Dec 1.

[Editor: huaxia]
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