23:27 GMT01 April 2020
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    YALTA (Crimea) (Sputnik) - The Mexican economy suffers heavy losses over the flow of migrants who aspire to cross into the United States, with the border city of Ciudad Juarez alone losing over $1.5 million daily, a member of the lower chamber of the Mexican parliament, Francisco Pasaret, said on Thursday.

    "Around 1.3 million migrants are currently staying in Mexico. Significant migrant flows cross the country's territory every year. Apart from that, Mexico is subject to very strong pressure from the US government, [which urges it] to curb this flow… Migration-related problems have affected the country's economy directly. Partial blockade at US customs is one of the side effects, and we lose over $1.5 million daily in the city of Ciudad Juarez alone because of this," Pasaret said at the 5th edition of the annual Yalta International Economic Forum (YIEF).

    READ MORE: DoD: US Army Engineers Issue $789Mln Contract for Mexico Border Wall Replacement

    The lawmaker added that people usually had to wait for the possibility to enter Mexico via border crossing points for eight hours, stressing that this damaged trade.

    He added that Mexico expected the migrant flow to increase significantly in 2019.

    "We have exhausted our possibilities, so an alternative point of view should be taken into account. This is an international phenomenon in migrant policy, especially when it comes to bordering countries. It is necessary to integrate them [migrants] into the society. We face challenging problems in these situations," Pasaret said.

    The Mexican lawmaker stressed that the country's authorities were making effort to protect migrants from the risks they faced while trying to cross into the United States.

    The YIEF is an annual business event and one of the four biggest economic forums held in Russia. The number of participants of the 5th edition of the YIEF, which started earlier on Thursday and will last through Saturday, has already exceeded 4,500 people. Rossiya Segodnya International Information Agency is one of the general media partners of the event.


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