LatinNews Daily - 04 November 2021

In brief: Mexico’s Morena pushes back debate on electricity reform

* Ignacio Mier, a national legislator for Mexico’s ruling Movimiento Regeneración Nacional (Morena) and its leader in the federal lower chamber, has said that Morena has pushed back until next year the debate on the electricity reform promoted by Mexico’s President Andrés Manuel López Obrador. He tweeted “We proposed concluding the reform process, which includes approval in the chamber of deputies, senators and at least 17 local congresses, no later than 15 April.” The reform, which would increase the control of the state-run electricity firm Comisión Federal de Electricidad (CFE) over the domestic electricity market from 38% to 54%, continues to draw criticism. Yesterday US ambassador to Mexico Ken Salazar tweeted that the US has “serious concerns” about it. The same day 40 US Republican legislators signed a letter to US Secretary of State Antony Blinken and US Trade Representative (USTR) Katherine Tai among others, expressing “grave concern about reports of escalating efforts by [Mexico’s government] to exclude private companies from its energy sector in contravention of its international commitments, including the US-Mexico-Canada Agreement (USMCA).”

End of preview - This article contains approximately 175 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.