Mexico’s Attempt To Save Foreign Exchange
(Recd. 11.30 a.m.) WASHINGTON, July 11.
Following the Mexican Government’s decision to suspend non-es-sential imports to check the drain on foreign exchange, the State DeparL ment and Commerce Department issued a joint statement declaring that the Mexican action was taken “after full consultation with the United States.”
The statement added that the action represented no change in the long.term foreign economic policy of the Mexican Government, whose objec- 1 tive remained the general expansion of international trade.
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Greymouth Evening Star, 12 July 1947, Page 5
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83Mexico’s Attempt To Save Foreign Exchange Greymouth Evening Star, 12 July 1947, Page 5
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