Mexico President Enrique Pena Nieto’s reform agenda that includes legislation to end the monopoly of state-owned Petroleos Mexicanos faces delays due to a shake-up in the former ruling party’s leadership.
Mexico’s National Action Party supports a possible constitutional change to open the state- controlled oil industry to more private investment and will work with other parties to pass such legislation, according to the PAN’s top senator on the energy commission.
Mexican President Felipe Calderon sent Congress a labor bill that would ease the process for hiring and firing workers and a measure to increase local government transparency along with his annual message today.
President Barack Obama said tightening border security and revamping immigration laws are vital to economic growth in the U.S. and Mexico, as he pledged to “aggressively” pursue cross-border cooperation.
Mexican President Felipe Calderon named his fourth interior minister in as many years, appointing Jose Francisco Blake Mora to help lead the country’s security efforts amid a rising death-toll in the war on drug cartels.