MEXICO CITY (Reuters) – Mexican business leaders called out the government on Monday over a recent wave of criminal activity that has terrorized large swaths of Latin America’s second-largest economy and led some prominent firms to cut back operations.
Two of Mexico’s top business groups urged the administration of President Enrique Pena Nieto and the candidates hoping to succeed him in a July 1 election to stem the violence and robberies, which they say are putting workers’ lives at risk and hurting investment.
“The high levels of violence have become the greatest obstacle to (economic) activity,” Mexico’s powerful CCE business lobby said in a statement.
Tens of thousands of people have been killed in turf wars between drug cartels and their clashes with security forces since former President Felipe Calderon sent in the military to crush the gangs soon after taking office at the end of 2006.
In recent weeks, dairy producer Grupo Lala shuttered a distribution center in the northern state of Tamaulipas and the world’s biggest Coke bottler, Coca-Cola Femsa, indefinitely shut down a 160-employee distribution center in southwestern Guerrero state.
Canada’s Pan American Silver Corp was the latest to act, saying on Monday it would reduce operations and suspend staff movements at its Dolores silver mine in the border state of Chihuahua because of recent security incidents.
Coca Cola truck burning near Ciudad Altamirano, Guerrero (Photo: Letra Roja)
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Source: Business Insider
