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Mexico lawmakers prepare to send energy reform

Thursday, December 5, 2013


Mexican lawmakers will send a landmark energy bill to Senate committees on Thursday to pave the way for debate on a cornerstone of President Enrique Peña Nieto's economic reform drive.

The bill, which would open Mexico's state-dominated energy sector to private investment in a bid to raise flagging oil output, will need approval of the Senate and lower house of Congress.

Lawmakers have been negotiating the fine print of the reform, which will determine how far-reaching it will be.


Source: Reuters