Long-Awaited Energy Reform on the Table—President Peña Nieto Unveils Reform Proposal
On August 12, 2013, President Peña Nieto submitted to Congress a bill amending articles 27 and 28 of the Federal Constitution, aiming to reform the oil & gas and power sectors in Mexico (the "Bill"). The Bill is being submitted in the context of the "Pact for Mexico," which is a pact among the three main political parties to create the consensus required to enable Congress to pass necessary structural reforms.
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