Mexican president aims to reverse energy liberalization ...Middle East

MEXICO CITY: Mexican President Andres Manuel Lopez Obrador said Wednesday that he would propose constitutional reforms to reverse the effects of privatization in the electricity sector.The leftist leader said in a state of the nation address that he would present the proposals to Congress this month “to repair the serious damage caused by privatization.”He said liberalization had favored private companies to the detriment of the state-owned Federal Electricity Commission.Lopez Obrador’s efforts to boost the state’s role in the energy sector have been met with concern among investors and foreign governments, including in the United States.Electricity reforms passed by lawmakers in March were

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Mexican president aims to reverse energy liberalization ...Middle East

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