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News Article

CELAC Meeting in Mexico / New CFE Reform

By Paloma Duran | Mon, 09/13/2021 - 11:34

New CELAC meeting in Mexico. President Andrés Manuel López Obrador announced that the Summit of the Community of Latin American and Caribbean States (CELAC) will be held in Mexico on Sept. 18, where 17 leaders will participate. "We are inviting all the leaders to our Revolution and military parade on Sept. 15 and 16 to celebrate with us. Then, we will discuss important issues."

Foreign Minister Marcelo Ebrard said that the objective of the new meeting is to find agreements for the creation of a new body to replace the OAS, which is accused of following orders from the US. Once the proposal is made, it will be submitted to the US and Canada to begin a replacement process.

New campaign to facilitate the vote for Mexicans in US. López Obrador said that the Ministry of Foreign Affairs is working to facilitate the voting process for Mexicans living in the US. “They have to be able to vote without many bureaucratic obstacles. We have to be modern and vote online so that all the millions of compatriots who live in the US can exercise their right.”

Mexicans in the US represent nearly 25 percent of the country’s 45 million immigrants. According to INE, 98,854 Mexicans living abroad were able to participate in the 2018 presidential elections; however, it was requested by 182,256 Mexicans.

New CFE reform. López Obrador announced that he will send a new reform to strengthen CFE before the end of September to avoid increases in energy prices and benefit families and companies that consume energy. “I am going to send the initiative to reform the Constitution to strengthen CFE. We are already working to improve it and we have made progress but we want to achieve more, so we will make a reform.”

A few weeks ago, López Obrador said that he wants the Mexican state to assume 54 percent of the national electricity market through a constitutional reform. The new reform seeks to strengthen CFE so that it can provide a better service and greater national coverage.

LP gas. PROFECO Director Ricardo Sheffield said that thanks to the government's decision to establish maximum LP gas prices for stationary gas cylinders and tanks, all distribution companies have kept the cost of gas below the maximum price. “We have very good results. At first there was resistance but now everyone has respected the price and that benefits all Mexicans. "

Recently, López Obrador announced that there would be maximum prices for LPG to avoid a “monopoly” and unfair prices. Companies and distributors complained, saying that the new norm affected free competition and put several jobs and companies at risk. Currently, the average price of stationary tanks is MX$12.58 (US$.63) per liter, while that of cylinders is MX$23.30 (US$1.17) per kilo.

 

Click HERE for full transcript in Spanish

The data used in this article was sourced from:  
Gobierno de México, Milenio
Photo by:   Gobierno de México
Paloma Duran Paloma Duran Junior Journalist and Industry Analyst