In the 20 years since the North American Free Trade Agreement (NAFTA) was implemented, successive Mexican governments have remained committed to opening borders and promoting trade. After Mexico, the US and Canada launched NAFTA in January 1994, Mexico entered into FTAs with more than two dozen countries, making it one of the most economically...
Like the oil industry, electricity in Mexico has been dominated by a state-owned company for a number of years. The Federal Electricity Commission (Comisión Federal de Electricidad, CFE) is the sole provider of transmission and distribution services and also controls all output, producing 70% of electricity on its own and sub-contracting the...
There is no difference in geology between the Mexican and US sides of the Texas border, but there is a difference in activity. South Texas is the centre of the US shale revolution. Thousands of shale wells have been dug and their production has enriched the region. The Eagle Ford Formation (EFF), where most of Texas’s wells are located,...
There is no part of the Mexican energy industry that will not be changed by 2013’s reform. The reform will open the nationalised oil industry to foreign investment, allow for open competition in the electricity market, enable private companies to build natural gas pipelines with more freedom, and will give producers of clean energy better...
More than a decade of multi-party elections have consolidated Mexico’s transition to democracy, while the current administration’s ambitious reform agenda promises to take the country to its next phase of development. Radical changes in education, telecoms and energy, among other areas, aim to bring dynamism to the economy and have attracted...
In addition to being the second-largest economy and second-most-populous country in Latin America, Mexico is geographically and culturally diverse. The country boasts more than 9000 km of coastline and terrain varying from desert to mountains to rainforests, as well as a rich cultural heritage that includes numerous well-preserved ancient...
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