Mexican President Enrique Pena Nieto is making the most daring gamble yet of his 8-month-old presidency with a proposal to lift a decades-old ban on private companies investing in the state-run oil industry, a cornerstone of Mexico's national pride that's seen production plummet in recent decades.
The reform outlined Monday proposes profit-sharing with private companies. That is currently prohibited by the constitution, which would have to be changed.
(Hat tip to RightNut)
Comentarios