Mexico's importance to the US is also related to its role as an oil producing nation...... the 5th largest producer of crude in the world, according to Reuters. Tony _________________________________ Mexico's Fox to discuss slowing economy with Bush 03 Feb 2001 22:54 MEXICO CITY, Feb 3 (Reuters) - Mexican President Vicente Fox said on Saturday he would discuss the slowing U.S. economy and its impact on Mexican economic growth when he hosts U.S. President George W. Bush later this month. During a live radio show on Saturday that is part of his promise of open government, Fox reiterated Mexico's central bank forecast that his new government would not reach economic growth targets because of dependence on the U.S. economy, which has begun to slow after a decade of growth. "The Gross Domestic Product (GDP), instead of growing at 4.5 percent, as we had proposed, will probably be closer to 4.0 or 3.8 percent," Fox said in the radio interview, the first in a series of weekly programs entitled "Fox live, Fox with you". "But really there won't be a significant impact," he added. Mexico sends about 90 percent of its exports to the United States. In between exchanging jibes with a famous comedian, the 58-year-old Mexican businessman-turned-politician who took office in December, said issues like migration and the war on drugs would also top the agenda in his discussions with Bush. Fox, the first Mexican president elected from outside the Institutional Revolutionary Party in over seven decades, holds talks with Bush on Feb. 16 in the American president's first overseas trip since taking office last month. _________________________________ Mexico's Pemex international revenues $14.8 billion 04 Feb 2001 18:13 MEXICO CITY, Feb 4 (Reuters) - Petroleos Mexicanos, Mexico's state-oil monopoly, said on Sunday it posted some $14.880 billion in international sales last year, on average volume of about 1.652 billion barrels of crude a day. The figure is higher than a $13.7 billion revenue estimate made by the Energy Ministry last September. The government company said in a statement that it sold about $9.443 billion worth of Maya crude to markets in Europe, the American continent the Far East. Mexico is the world's No. 5 producer of crude. _______________________________________________ CrashList website: http://website.lineone.net/~resource_base
