Stock Market News

Mexico accepts U.S. request for labor probe into Panasonic

2022.05.31 07:10

Mexico accepts U.S. request for labor probe into Panasonic
FILE PHOTO: A logo of Panasonic Corp is pictured at the Combined Exhibition of Advanced Technologies at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai/File Photo

MEXICO CITY (Reuters) – Mexico’s Economy Ministry has accepted a U.S. request to probe alleged labor abuses at a Panasonic (OTC:PCRFY) auto parts plant in the northern border city of Reynosa, it said on Monday.

The request from the U.S. Trade Representative (USTR) earlier this month marked the third U.S. labor complaint under a new trade deal that aims to improve workplace conditions in Mexico.

Mexico’s Economy Ministry said it sent its response on Thursday and will review the case with the Labor Ministry to determine if worker rights had been violated under the 2020 United States-Mexico-Canada Agreement (USMCA).

The Mexican union that petitioned for the inquiry, SNITIS, has accused Panasonic of signing a union contract behind workers’ backs and of firing several dozen employees who protested.

Panasonic Corp of North America said it “respects and supports” rights to free association and collective bargaining and that it did not believe they had been denied. The unit of the Japanese conglomerate added it would cooperate with Mexican authorities.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 89,063.86 1.02%
ethereum
Ethereum (ETH) $ 2,488.99 4.09%
tether
Tether (USDT) $ 0.999452 0.04%
xrp
XRP (XRP) $ 2.31 9.35%
bnb
BNB (BNB) $ 626.98 3.31%
solana
Solana (SOL) $ 140.25 2.71%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.212661 5.40%
cardano
Cardano (ADA) $ 0.687414 6.98%
staked-ether
Lido Staked Ether (STETH) $ 2,483.85 4.04%
tron
TRON (TRX) $ 0.230635 0.46%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 88,878.81 0.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,970.47 4.25%
chainlink
Chainlink (LINK) $ 15.53 7.07%
litecoin
Litecoin (LTC) $ 126.00 12.85%
sui
Sui (SUI) $ 3.01 11.37%
avalanche-2
Avalanche (AVAX) $ 22.35 6.89%
stellar
Stellar (XLM) $ 0.297967 7.83%
the-open-network
Toncoin (TON) $ 3.58 6.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 7.09%
hedera-hashgraph
Hedera (HBAR) $ 0.199644 11.20%
leo-token
LEO Token (LEO) $ 9.00 0.11%
usds
USDS (USDS) $ 1.00 0.02%
mantra-dao
MANTRA (OM) $ 7.61 1.54%
polkadot
Polkadot (DOT) $ 4.85 13.02%
weth
WETH (WETH) $ 2,488.82 4.29%
hyperliquid
Hyperliquid (HYPE) $ 20.44 15.33%
bitcoin-cash
Bitcoin Cash (BCH) $ 296.46 5.68%
ethena-usde
Ethena USDe (USDE) $ 0.999958 0.01%
bitget-token
Bitget Token (BGB) $ 4.30 1.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,639.81 4.34%
uniswap
Uniswap (UNI) $ 8.28 7.37%
monero
Monero (XMR) $ 223.36 1.73%
whitebit
WhiteBIT Coin (WBT) $ 26.85 0.81%
near
NEAR Protocol (NEAR) $ 3.08 7.55%
pepe
Pepe (PEPE) $ 0.000008 8.89%
aptos
Aptos (APT) $ 5.72 7.15%
dai
Dai (DAI) $ 0.99978 0.00%
bittensor
Bittensor (TAO) $ 379.87 4.77%
aave
Aave (AAVE) $ 210.08 7.50%
internet-computer
Internet Computer (ICP) $ 6.58 9.67%
ondo-finance
Ondo (ONDO) $ 0.991511 7.24%
susds
sUSDS (SUSDS) $ 1.04 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 18.98 4.81%
okb
OKB (OKB) $ 46.59 3.84%
gatechain-token
Gate (GT) $ 22.15 6.18%
mantle
Mantle (MNT) $ 0.797297 2.49%
official-trump
Official Trump (TRUMP) $ 13.09 2.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.30 2.52%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 89,047.86 1.02%