Jun 7, 2012

Mexico's Lopez Obrador rules out Venezuelan model

Reuters: Mexican leftist presidential candidate Andres Manuel Lopez Obrador said on Wednesday he rejects the socialist policies of Venezuelan President Hugo Chavez, responding to market concerns he could put the economy at risk if elected.
The former mayor of Mexico City has been gaining on front-runner Enrique Pena Nieto of the Institutional Revolutionary Party (PRI) over the past few weeks, though he still trails by double-digits in most polls ahead of the July 1 vote.
Lopez Obrador, who narrowly lost the 2006 election when he was branded "a danger to Mexico" by opponents, said he would pursue his own economic model if elected and dismissed the notion his administration could resemble that of Chavez.
"I don't know the president of Venezuela, Hugo Chavez. I have never even talked with him on the phone," he told a news conference in Mexico City. "The model we are going to put in place in Mexico is part of our reality, a Mexican model."

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