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Mexico & Nafta - June 2008 (ISSN 1741-444X)

PEMEX REFORM: Ominous signs

There are ominous signs for the government in its attempt to reform the state-owned oil company, Petróleos Mexicanos (Pemex). The main problem is that the Partido Revolucionario Institucional (PRI), which holds the balance of power in congress, has sensed that it can make political capital out of the reform.

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