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LatinNews Daily - 24 May 2019

Main Briefing
On 23 May, Mexico’s federal lower chamber of congress approved the secondary legislation required to establish and regulate the new national guard formally...
Andean
On 23 May, Félix Patzi, the presidential candidate for Bolivia's opposition Movimiento Tercer Sistema (MTS), ruled out an alliance with opposition parties ahead of the October general election in which President Evo Morales is seeking a further term...
* Ecuador’s government has signed seven contracts corresponding to the 'XII Intracampos' licensing round worth a total investment of US$1.17bn for the development of the following oil fields: Arazá Este, Iguana, Perico, Espejo, Sahino, Charapa, and Chanangue, which are located in Sucumbíos province...
Brazil
On 23 May, Brazil’s Vice President Hamilton Mourão presided over a meeting of the Sino-Brazilian high-level coordination and cooperation committee (Cosban) in Beijing, China, alongside his Chinese counterpart Wang Qishan. ..
* Ignacio Galán, the president of Spanish energy company Iberdrola, has announced plans to invest €6.5bn (US$7.27m) over the next five years in new electricity projects in Brazil...
Central America & Caribbean
On 23 May, a congress committee agreed to postpone discussion on a draft bill which human rights groups warn would offer impunity for crimes committed during El Salvador’s civil war (1980-1992)...
* Panama’s national statistics institute (INEC) has released new figures which show Panama’s GDP grew 3.41% from January-March 2019 compared with the same period in 2018...
Mexico
* Mexico’s national hydrocarbons commission (CNH), the sector regulator, has agreed to impose sanctions on Pemex Exploración y Producción (PEP), the state-owned oil company Pemex’s exploration-and-production subsidiary, for failing to respect the extraction development plan in its 'Xanab' oil field off the coast of Tabasco state...
Southern Cone
On 23 May, Paraguay’s senate voted in favour of overturning the partial veto that President Mario Abdo Benítez issued against a recently approved bill introducing changes to the regime governing the retirement and pensions of doctors who work in the public healthcare sector...
* Argentina’s President Mauricio Macri inaugurated the Argentina Exporta forum in Buenos Aires where he and his production & labour minister Dante Sica presented a plan for export development, the outline of which has been agreed with representatives from the business sector...
Publishing note
Due to a public holiday LatinNews Daily will not be published on Monday 27 May...

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