Late last month, Peña Nieto spoke at the World Economic Forum in Davos, Switzerland. There, he highlighted his first-year achievements: “a legislative consensus with the two major opposition parties on the transformations and structural reforms that the country needed,” reports Mexico City’s The News. He pointed out that this has been achieved “in a climate of plurality and diversity.”
A few months ago, with great enthusiasm, I wrote about Peña Nieto’s proposed energy reforms—something his predecessor had been unable to achieve. (President Felipe Calderon’s critics believed his proposals violated the constitution.) The reforms passed on December 12, 2013, amend Articles 25, 27 and 28 of Mexico's constitution to allow profit- and production-sharing contracts, and licenses. The reforms also put an end to government monopolies in the operation of oil-and-gas fields, while maintaining the Mexican government’s ownership of the country’s resources.
“The current government’s ability to build coalitions puts Mexico on the verge of its biggest economic victory since the North American Free Trade Agreement,” states Arturo Sarukhan, who has served in Mexico’s Foreign Affairs Ministry. Read full column
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