Place Business Consulting Mexico
Economy Overview:
Mexico has a free market economy that recently entered the trillion
dollar class. It contains a mixture of modern and outmoded industry and
agriculture, increasingly dominated by the private sector. Recent
administrations have expanded competition in seaports, railroads,
telecommunications, electricity generation, natural gas distribution,
and airports. Per capita income is one-fourth that of the US; income
distribution remains highly unequal. Trade with the US and Canada has
tripled since the implementation of NAFTA in 1994. Mexico has 12 free
trade agreements with over 40 countries including, Guatemala, Honduras,
El Salvador, the European Free Trade Area, and Japan, putting more than
90% of trade under free trade agreements. The government is cognizant of
the need to upgrade infrastructure, modernize the tax system and labor
laws, and provide incentives to invest in the energy sector, but
progress is slow.
Requirements:
- Instructions / authority to proceed with negotiated settlement on the company letterhead.
- Full details of the debtor/s and a summary of how the debt was incurred.
- The amount owing, and the particulars of how it is arrived at.
- Other supportive documentation such as invoice, bill of lading etc.
- Copy of demands made by your company for payment, and copy of any correspondence from the debtor/s that is held on file.
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