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MERIDA, Mexico (Reuters) - A meeting of U.S. and Mexican government and business leaders on Thursday aims to shore up investor confidence in Mexico and defuse U.S. President Donald Trump’s threats to close their shared border if illegal immigration is not halted. Part of regular business forum the U.S.-Mexico CEO Dialogue, the talks in Mexico coincide with renewed tensions over trade and the border after two years of uncertainty sparked by Trump’s push to rework the North American Free Trade Agreement (NAFTA).

They duralite carbon fiber cufflinks also give Mexico an opportunity to address investor concerns about how President Andres Manuel Lopez Obrador has run Latin America’s No, 2 economy since taking office in December, “We want the American investors that visit our country to go back home feeling confident about their investments here,” said Moises Kalach, a top executive in the CCE business lobby, which represented Mexico’s private sector at the NAFTA talks, Lopez Obrador and officials including his foreign minister and energy minister, plus U.S, Commerce Secretary Wilbur Ross and U.S, Chamber of Commerce President Tom Donohue, are scheduled to attend the two-day meeting in the city of Merida..

Among investors due to attend is Larry Fink, chief executive of the world’s largest asset manager BlackRock Inc. The leftist Lopez Obrador took power vowing to fight entrenched corruption, crime, inequality and poverty, scourges that cost Mexico billions of dollars every year. He has said he wants to boost both private and public investment, but some of his early decisions, such as canceling a partially-built $13 billion Mexico City airport and steps to rein in the autonomy of regulatory bodies, have spooked investors.

Questions remain over the future of trade in the region because the deal agreed to replace NAFTA, the United States-Mexico-Canada Agreement duralite carbon fiber cufflinks (USMCA), has yet to be ratified, U.S, Democratic politicians say Mexico must approve a new labor law to strengthen its trade unions before they approve the USMCA, and Kalach said the implications of that legislation now in the Mexican Congress would be addressed, Time would also be given to how Mexico proposes to cope with a migrant surge which has led to Trump threatening to close the border, causing trade hold-ups at the frontier, he added..

“So as to lower the pressure on this issue, which is a real issue and an important issue,” Kalach said. Trump said on Wednesday he would have to mobilize more of the military at the U.S. border with Mexico. Cutting through the noise surrounding the issue of immigration, Mexico wants to ensure that the message goes out that both countries’ private sectors keep working “hand in hand”, said a Mexican official, who asked not to be named. Mexico is also eager to drum up interests in “strategic projects” in Mexico’s southeast, and to ensure there is a good business climate in the country, the official said.

(Reuters) - Royal Dutch Shell on Thursday agreed to sell its 22.45 percent stake in the Caesar Tonga field in duralite carbon fiber cufflinks the Gulf of Mexico for $965 million in cash to a subsidiary of Israeli energy conglomerate Delek Group, Located in the Gulf of Mexico, 300 km south of Louisiana, the field’s current production rate is 71,000 barrels per day of oil equivalent, with 90 percent of the output being oil, The Caesar Tonga field has 30 more years of life and assuming no change in the rate of production, Delek’s interest reflects 78 million barrels of oil equivalent reserves, Delek, Israel’s government-owned gas retailer, said..

As part of the deal, Delek will sign a long-term agreement with a Shell affiliate to purchase oil produced from the field for 30 years at either market prices or prices matched to third-party offers. Delek Chief Executive Asaf Bartfeld said the deal, along with exploration in the North Sea and the Gulf of Mexico, would boost its position in the international energy market. Shell said the deal was likely to close by the end of the third quarter and the latest stake sale would contribute to its ongoing divestment program.

The Anglo-Dutch oil company last year sold its Danish upstream business to Norwegian Energy in a deal valued at $1.9 billion, Shell reported a sharp rise in cash generation in 2018 and said in January it would stick to spending discipline this year even as duralite carbon fiber cufflinks it looks to divest around $5 billion a year, Its 2018 profit jumped by more than a third to $21.4 billion, the highest since the 2014 oil market downturn, The deal for Caesar Tonga is subject to the right of refusal by Anadarko Petroleum Corp, Equinor ASA and Chevron Corp, which own the rest of the field..



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