Jul 15, 2013

Mexico opposition parties again threaten to walk away from economic pact

July 14, 2013

Mexico's opposition parties on Sunday blasted the government for failing to combat political corruption and threatened to walk away from a pact that aims to strengthen the economy unless President Enrique Pena Nieto makes swift concessions on electoral reform.

After taking office in December, Pena Nieto announced a pact with the opposition to pass reforms aimed at boosting the country's tax revenues and buoying production at state-owned oil giant Pemex

The pact, signed by the leftist Party of the Democratic Revolution (PRD), the conservative National Action Party (PAN) and Pena Nieto's ruling Institutional Revolutionary Party (PRI), appeared under threat last week after campaigns for state and local elections deteriorated into mud-slinging and violence.  Read more.

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