Is Mexico A Cigarette-Based Economy?
Date: 23-IV-2012

Following the recent comment made by Hon. David Parker about Labour’s concerns for New Zealand becoming ‘Australia’s Mexico’, the Mexican Ambassador, Mrs Leonora Rueda, has written a response to the MP noting that Mexico has been awarded the privilege of assuming the annual Presidency of the G20 this year not only because of its being the 14th largest economy in the world, but also through the good performance of its economy over the past 20 years.

Amongst other points, she notes that thanks to a highly developed infrastructure and a modern multimodal transportation system, including a vast network of commercial corridors, ports and airports, Mexico is one of the largest recipients of Foreign Direct Investment (FDI) in the world.

FDI in Mexico is nowadays concentrated in high value-added products, such as the aerospace, telecommunications and biotechnology industries, which opens up careers in technology and creates specialised education and allows the integration of academies into the productive sector, thereby increasing research and development and productive chains based on the knowledge economy.

Letter_from_the_Mexican_Ambassador_to_Hon._David_Parker_MP.pdf

ENDS

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Metservice: Where Will Snow Fall And What To Look Out For

The deep Antarctic air that is expected to sweep across the country this week is bringing very significant weather to many provinces.Here's the official MetService view of the key weather concerns for the country.

MetService Media and Communications Meteorologist Dan Corbett commented,"While snow will be a major issue for those in the South Island, wind and hail will affect many North Island districts."

Snow is expected to fall to sea level, or very near it, from Southland to South Canterbury from late Wednesday into Thursday and Friday. The snow level is expected to rise to 200m from about Christchurch northwards... More>>