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Mexico's President-elect says he will scrap $1.2 bn helicopter deal with US

After winning the presidential election earlier this month, Obrador had pledged to cut down government waste and fight corruption.

July 12, 2018 / 08:28 PM IST
An Apache helicopter flies during a media availability to show the 3 Regiment Army Air Corps preparing for the forthcoming royal wedding between Prince Harry and Meghan Markle, at Wattisham Airfield, Britain May 10, 2018.  Aaron Chown/Pool via Reuters - RC1F28BA2F00

An Apache helicopter flies during a media availability to show the 3 Regiment Army Air Corps preparing for the forthcoming royal wedding between Prince Harry and Meghan Markle, at Wattisham Airfield, Britain May 10, 2018. Aaron Chown/Pool via Reuters - RC1F28BA2F00

Mexican President-elect Andres Manuel Lopez Obrador on Wednesday said that he will cancel purchase of eight military helicopters for $1.2 billion from the US government, as part of cost-cutting measures.

After winning the presidential election earlier this month, Obrador had pledged to cut down government waste and fight corruption.

Following a meeting with incoming legislators from the Morena party, Obrador said, “This purchase is going to be canceled because we cannot make this expenditure.”

According to a report by Star Tribune, the Lockheed Martin MH-60R navy helicopters were approved by the US State Department in April for helping Mexico fight criminal organizations.

In the meeting, Obrador also discussed his legislative priorities, including education reforms and fuel theft and election fraud, along with newly elected federal lawmakers.

Obrador is expected to be be sworn in as the president of Mexico on December 1.

Moneycontrol News
first published: Jul 12, 2018 08:28 pm

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