The Washington Post
March 3, 2013
Mexico City - Mexico’s ruling party changed its platform on Sunday to allow for private investment in the oil industry, paving the way for a possible overhaul of a state-owned company that is seen as a pillar of the nation.
Nearly 5,000 members of the Institutional Revolutionary Party, also known as the PRI, voted unanimously at their national convention to remove language in the party’s platform that for years had opposed injecting private money in the sector. Petroleos Mexicanos, or Pemex, is the only company that can carry out oil refining. The party also erased its opposition to sales taxes on food and medicines.
President Enrique Pena Nieto, who led last year’s electoral comeback for the party that governed from 1929 to 2000, said the energy and fiscal reforms are needed for Mexico to become more competitive. He urged party members to support him when he sends the bills to Congress, likely in the second half of this year.
“The PRI is seeking renovation to bring the changes Mexico needs,” Pena Nieto told a crowd of thousands. “The PRI is not pleased and it is choosing to reexamine and redefine where it stands on the challenges facing the country.” Read more.
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
No comments:
Post a Comment