MEXICO CITY, Sept. 17 (Xinhuanet) -- The 5th Ministerial Meeting of the World Trade Organization (WTO) resulted in a 33 million US dollar loss to Cancun, in the southeastern Mexican state of Quintana Roo, Cancun Mayor Juan Garcia said on Wednesday.
The strict security measures put in place during the five-day event cost Cancun 30 million dollars in tourist revenue, the greatest loss for the Caribbean resort, Garcia said during a special session of the city council. He proposed erecting a monument in memory of South Korean Lee Kyung-Hae, a protester who committed suicide on Sept. 10 at the beginning of the WTO event.
The damage done by anti-globalization demonstrators on businesses and municipal infrastructure totaled 2.72 million dollars, Garcia said.
Some marinas and commercial centers in downtown Cancun also suffered losses due to closure during the event, but the Hotel Zone along the shore was the only sector making profits as it was crowded during the two weeks, he said. Enditem
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