VOL. XXXI

NO. 29

25-APRIL-1988

OPEC/NON-OPEC

Mexico Pledges Export Cutback if Others Do Likewise

The Mexican Government has officially announced that it is prepared to make afurther reduction in its oil exports provided that a market restabilizationagreement is reached with other producing countries.

In this connection, the government's statement, issued on 20 April, announcedthe decision in the following terms: "In order to support efforts torestabilize the world oil market, Mexico announces its...