MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast. Mexico's Interior ...
President López Obrador signed a decree creating a new protected natural area in Quintana Roo of more than 53,000ha, including Vulcan's limestone quarry in Playa del Carmen.
Mexico's Interior Department issued a decree late Monday declaring the firm's seaport and quarries to be a natural protected area, in effect prohibiting the company's …
An American quarry company says the Mexican government has carried out a de facto expropriation of its properties on Mexico's Caribbean coast. ... Alabama-based Vulcan Materials said in a statement Tuesday that the move violates the U.S.-Mexico-Canada free trade agreement. It said the measure formed part of "a series of threats and actions by ...
An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast. Mexico's Interior Department issued a decree ...
The company called Mexico's latest move a "new violation" of the country's commitments to regional trade agreements, including the USMCA trade pact.
Outgoing President Andres Manuel Lopez Obrador has long criticized Vulcan's activities as damaging to the environment, and officials ordered a halt to limestone quarrying by Vulcan's …
An American quarry company says the Mexican government has carried out a de facto expropriation of its properties on Mexico's Caribbean coast. The government issued a decree declaring the firm's US company accuses Mexico of expropriating its property on the Caribbean coast | State News | moultonadvertiser
Mexico's Interior Department issued a decree late Monday declaring the firm's seaport and quarries to be a natural protected area, in effect prohibiting the company's …
An American quarry company says the Mexican government has carried out a de facto expropriation of its properties on Mexico's Caribbean coast. ... the seaport belonging to our company is another escalation and another violation of Mexico's obligations under trade agreements," the statement said. "This illegal measure will have a long-term ...
Mexico has expropriated more than 50,000 hectares of land owned by Vulcan Materials near Playa del Carmen, Mexico, home to the company's Punta Venado Port and Sac Tun Quarry. To support the confiscation of the property, the Mexican government claimed it …
The Alabama-based company Vulcan Materials said it would fight back using all available legal means after President Andrés Manuel López Obrador designated a new public …
An American quarry company says the Mexican government has carried out a de-facto expropriation of its properties on Mexico's Caribbean coast MEXICO CITY (AP) — An American quarry company said ...
MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast. Mexico's Interior Department issued a decree late Monday declaring the firm's seaport and quarries to be a natural protected area, in effect prohibiting the company's ...
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MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast. FILE - Mexican President ...
"The expropriation of land and the seaport belonging to our company is another escalation and another violation of Mexico's obligations under trade agreements," the statement said. "This illegal measure will have a long-term paralyzing effect on trade and investment relations between Mexico and the United States."
Mexico finalized plans to take control of a port and quarry owned by Vulcan Materials Co. on its Caribbean coast, deepening tensions days before the nation's president …
An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast. Mexico's Interior Department issued a decree ...
MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de-facto expropriation of its properties on Mexico's Caribbean coast. Mexico's Interior Department issued a decree late Monday declaring the firm's seaport and quarries to be a natural protected area, in effect prohibiting the company's activities on its own …
An American quarry company says the Mexican government has carried out a de facto expropriation of its properties on Mexico's Caribbean coast. The government issued a decree declaring the firm's ... Alabama-based Vulcan Materials said in a statement Tuesday that the move violates the U.S.-Mexico-Canada free trade agreement. It said the measure ...
When the threat of asset expropriation is probable and can be reasonably estimated, the amount of the asset loss must be accrued. If certain conditions are met, the loss is charged against income in the period when the loss is probable. Based on the information available as of the date of the financial statements, it is considered probable that ...
Mexico expropriated a port and a quarry owned by Vulcan Materials in Quintana Roo, after the publication of a decree in the Official Gazette of the Federation (DOF) that declared the area located south of Cancun and Playa del Carmen a protected natural area, so that the US company will not be able to extract limestone in the mine.
On Tuesday, Vulcan called the move a "new violation" of Mexico's commitments to regional trade agreements, including the USMCA North American trade pact, and said it will have a chilling and long ...
Vulcan Materials (NYSE:VMC) -0.9% in Tuesday's trading after saying it will use all possible legal options to defend itself following the Mexican government's declaration that land containing a...
"The expropriation of our company-owned land and port is yet another escalation and is a new violation of Mexico's commitments under North American trade agreements," Vulcan said in a statement.
American quarry company Vulcan Materials faces a de facto expropriation by the Mexican government along the Caribbean coast, raising concerns among investors. ... arguing that this action violates the U.S.-Mexico-Canada free trade agreement and represents a continuation of what it describes as a series of aggressive moves against its operations ...
MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast. Mexico'
MEXICO CITY — MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico's Caribbean coast.