In Mexico, vote on energy reform constitutional amendments postponed until 2022

By Bloomberg, 17 December 2021
Flag of Mexico (photo credit: DavidRockDesign / pixabay)
Flag of Mexico (photo credit: DavidRockDesign / pixabay)
Mexico’s energy reform has been delayed until next year amid a lack of support for its approval from members of opposition parties, according to a senior lawmaker from the ruling party. The vote, which lawmakers originally hoped to have this year, will take place in 2022, which will give time to try to get the two-thirds majority needed for approval, said Juan Ramiro Robledo, chairman of the Points Commission. Constitutional Chamber of Deputies and member of Morena, the ruling party. [...] The constitutional reform promoted by President Andrés Manuel López Obrador would give majority control of the electricity market to the state electricity company and limit the participation of the private sector, which would reverse a radical reform of the previous government. Although some opposition parties had spoken out against the plan, the leaders of the PRI, the party that ruled Mexico for more than 70 years in the last century, said a few months ago that they were open to discussion, which gave the government hope of quick approval.
Read the full article here: Bloomberg/Market Research Telecast

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