The Mexican Senate Approves Constitutional Changes for Pemex and CFE
The Mexican Senate has passed significant constitutional amendments affecting state-owned enterprises Pemex and CFE. The changes redefine the status of these companies as “public” entities, emphasizing their role as providers of essential services.
The amendments were supported by Morena, PVEM, and PT parties, while opposed by PAN, PRI, and MC. The debate lasted for over six hours before the final vote was cast.
The reforms aim to maintain national energy security, ensure affordable electricity for the public, and address concerns about monopolies in strategic sectors. Additionally, changes to Article 28 of the Constitution focus on prioritizing railway transportation routes for national development.
Key Highlights:
- Shift towards state control in critical sectors
- Balancing public interests with private sector participation
- National security and self-sufficiency in energy
- Railway reform for national development
These constitutional changes represent a significant step towards ensuring the country’s sovereignty and advancing public interests while allowing limited private sector involvement in key industries.