Mexico nears electoral reform, opening door to energy bill

November 14, 2013

97px-Enrique_Peña_Nieto_01Reuters, 11/12/2013

Accused a generation ago of engineering the “perfect dictatorship,” Mexico’s ruling party is now close to agreeing on a plan that could weaken the presidency and strengthen Congress in order to win votes for a major energy reform. The Institutional Revolutionary Party (PRI) and its opposition rivals are shortly expected to unveil the blueprint for a reform aimed at giving Congress greater oversight of government and allowing lawmakers to serve consecutive terms.

Billed as a step forward for democracy, the electoral reform is a bargaining chip for President Enrique Pena Nieto’s most ambitious plan – changing the constitution to allow more private capital into the state-controlled oil industry.

The energy bill is the central pivot of a broader drive for change from telecoms to education that Pena Nieto hopes will help boost Mexico’s economic growth, which has long lagged that of other countries in the region.

Read more..


Mexico nears electoral reform, opening door to energy bill

November 13, 2013

Reuters, 11/12/2013

Enrique PeñaNieto 2Accused a generation ago of engineering the “perfect dictatorship,” Mexico’s ruling party is now close to agreeing on a plan that could weaken the presidency and strengthen Congress in order to win votes for a major energy reform. The Institutional Revolutionary Party (PRI) and its opposition rivals are shortly expected to unveil the blueprint for a reform aimed at giving Congress greater oversight of government and allowing lawmakers to serve consecutive terms.

Billed as a step forward for democracy, the electoral reform is a bargaining chip for President Enrique Pena Nieto’s most ambitious plan – changing the constitution to allow more private capital into the state-controlled oil industry.

Read more…


Mexican conservatives tie support for energy bill to electoral reform

September 24, 2013

energy - oil pumpsReuters, 9/23/2013

Mexico’s main opposition party said on Monday it would not back a government bill to open the oil industry without an electoral reform that aims to curb the power of the ruling Institutional Revolutionary Party, or PRI.

Lacking a majority in Congress, President Enrique Pena Nieto is hoping for votes from the conservative National Action Party (PAN) to change the law to allow the private sector to sign lucrative contracts for the exploration and production of crude.

Read more…


Follow

Get every new post delivered to your Inbox.

Join 10,774 other followers