Mexican President Peña Nieto signs bills ending nationalization of country’s oil industry

August 11:

Mexico City (AFP) – Mexican President Enrique Peña Nieto signed a package of landmark energy reform bills, ending the 76-year-old state monopoly on oil drilling and reopening the sector to foreign companies.
“This represents a historic change that will accelerate the economic growth and development of Mexico in the coming years,” the president told hundreds of guests at a ceremony in the capital.
The signing comes five days after the Mexican Senate gave final approval to the laws, the centrist leader’s most ambitious political
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