Mexico should not be fearful of change when it comes to reforming the country’s aging energy sector, said Institutional Revolutionary Party (PRI) Parliamentary Coordinator Manlio Fabio Beltrones Rivera on Sunday.
“We want a transformational reform that creates jobs and social wellbeing and reduces energy prices,” Beltrones said. Beltrones made his comments the same day President Enrique Peña Nieto announced that he will present his proposals for energy reform on Monday.
Peña Nieto had previously been scheduled to present the bill last week but he delayed it at the last minute. Peña Nieto is expected to propose introducing foreign capital into what is currently a state-run hydrocarbon industry — a move that has sparked divisions between those who see it as the fastest way to modernizing the sector’s ailing industry and those who feel it would compromise Mexico’s patronage of its natural resources, currently protected by the Constitution.
“The great majority of Mexicans have the plain conviction that governance of denial and simplification has produced stagnation, isolation and frustration,” Beltrones said. Democratic Revolution Party (PRD) Parliamentary Vicecoordinator Miguel Alonso Raya said Mexico must not give in to pressure for the country to give up its reserves.
“We shouldn’t give in to pressures to relinquish our hydrocarbon reserves, or to those who want to modify the constitution and who look to appropriate part of the earnings of our reserves through concessions,” Alonso Raya said.
Source: The News Mexico
“We want a transformational reform that creates jobs and social wellbeing and reduces energy prices,” Beltrones said. Beltrones made his comments the same day President Enrique Peña Nieto announced that he will present his proposals for energy reform on Monday.
Peña Nieto had previously been scheduled to present the bill last week but he delayed it at the last minute. Peña Nieto is expected to propose introducing foreign capital into what is currently a state-run hydrocarbon industry — a move that has sparked divisions between those who see it as the fastest way to modernizing the sector’s ailing industry and those who feel it would compromise Mexico’s patronage of its natural resources, currently protected by the Constitution.
“The great majority of Mexicans have the plain conviction that governance of denial and simplification has produced stagnation, isolation and frustration,” Beltrones said. Democratic Revolution Party (PRD) Parliamentary Vicecoordinator Miguel Alonso Raya said Mexico must not give in to pressure for the country to give up its reserves.
“We shouldn’t give in to pressures to relinquish our hydrocarbon reserves, or to those who want to modify the constitution and who look to appropriate part of the earnings of our reserves through concessions,” Alonso Raya said.
Source: The News Mexico
