December 15, 2013
MORE AND MORE AMERICAN:
Country of the Year? Try Mexico. (The Monitor's Editorial Board, December 15, 2013, CS Monitor)
Posted by Orrin Judd at December 15, 2013 2:30 PMThe latest reform, approved Thursday by elected lawmakers, will allow foreign and private investment in the oil sector for the first time in more than 70 years. The move upends a notion of Mexican patriotism that stated the national identity rests on government monopoly of the petroleum industry.In adding this historic reform to earlier ones - in banking, taxation, education, telecommunications - Mexico is well on its way to implement an agreement among three political parties reached last December after the election of President Enrique Peña Nieto.