Legal Framework
From The Report: Mexico 2014
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The year 2013 was one of legal reforms in Mexico. The political agreement Pact for Mexico enabled the enactment of a number of key changes since President Enrique Peña Nieto took office in 2012. Featuring a viewpoint from Amílcar Peredo Rivera, Partner, Basham, Ringe y Correa, on what to expect from the recent, wide-ranging legal reforms, this chapter explores the effects of the energy, telecoms, financial and labour reform.

Articles from this Chapter

Overview

Moving forward: A raft of recent reforms targets transparency and energy investment
OBG
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The year 2013 was one of legal reforms in Mexico. It was possible to enact key changes thanks to the willingness of the main political forces in the country to agree to them, as expressed in the Mexico Pact (“Pacto por México”). Since President Enrique Peña Nieto took office in 2012, his government has put in place structural reforms in two main areas: increasing competitiveness and strengthening the institutional system. ENERGY REFORM: In 1938 President Lázaro Cárdenas expropriated the Mexican oil and gas industry, and Petróleos Mexicanos (Pemex) was created as a government-regulated company and the sole operator of the energy…

Viewpoint

Amílcar Peredo Rivera, Partner, Basham, Ringe y Correa, on what to expect from the recent, wide-ranging legal reforms
OBG
plus

Structural reforms were the major legal event in Mexico in 2013, affecting three main areas: increasing competitiveness, strengthening the institutional system and expanding social rights. Under the Pact for Mexico (Pacto por Mexico), which was established in 2012 by the leaders of the three major political parties and the presidency in order to work together on shared priorities, the Mexican Congress has produced a reform package with the potential to revitalise the country’s crucial energy sector.…