Mexico's Open Market Hurting Some Small Entrepreneurs. (Originated from The San Diego Union-Tribune)

From: Knight Ridder/Tribune Business News | Date: August 9, 1994| Author: | Copyright information

NAUCALPAN, Mexico--Aug. 9--Juan Bosco Marti gambled $2.5 million to retool and restructure his textile company for Mexico's newly opened economy. Five years later, he's afraid he'll be a loser in this country's experiment with international competition.

"It's killing me," said Bosco, whose Administraciones Textiles sits in this industrial suburb just outside Mexico City.

His problems began six years ago as the government overhauled the rules for doing business in Mexico.

Trade barriers used for more than a half century to keep away outsiders were abruptly discarded. As the ...

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