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Weekly Report - 17 July 2014 (WR-14-28)

MEXICO: Telecoms reform ready for lift off

President Enrique Peña Nieto signed into law secondary legislation linked to his government’s telecommunications reform on 14 July. The legislation had been approved in an extraordinary session of the chamber of deputies five days earlier, marking the end of a protracted process to enable the telecoms reform package approved by congress last year. This is good news for the Peña Nieto administration, albeit seven months later than planned. Peña Nieto said the reform would be a “powerful tool that will help enhance [economic] freedom, strengthen equality and increase prosperity”, resulting in wider Internet access; more efficient telephony services; lower costs for consumers; and increased competition in the sector.

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