Tag Archives: Concamin

Wall Street Journal: Mexico Targets Private Power Companies

By MARK LORENZANA According to a report by the Wall Street Journal (WSJ) on Sunday, June 12, the government of Mexican President Andrés Manuel López Obrador (AMLO) “is shifting the country to a 1970s industrial policy” and has resorted to “greater state intervention” by targeting privately owned energy firms legally operating in Mexico and “backing state-run energy giants.” The WSJ

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Private Sector Rejects AMLO’s Proposed Electric Reform

By KELIN DILLON Mexico’s private business sector has accused Mexican President Andrés Manuel López Obrador’s (AMLO) proposed reform to the nation’s electric industry of being an “indirect expropriation” of investments made by private companies. The proposed law would allow Mexico’s state-owned Federal Electricity Commission (CFE) to gain preference over private energy plants to upload their production to the grid, limiting

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Mexico News Roundup

By RICARDO CASTILLO Frustrated Entrepreneurs Business and politics have intentionally been kept centralized in Mexico City for decades in Mexico. But that arrangement seems to be falling apart as a result of the divide between commerce and industrial chambers leaders, specifically, Carlos Salazar Lomelín of the Business Coordination Council (CCE), Francisco Cervantes of the Industrial Chambers Confederation (Concamin) and Antonio

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AMLO, a President with a One-Track Mind

By RICARDO CASTILLO “He slammed the door on us!” That quote is from Mexico’s Business Coordination Council (CCE) president Carlos Salazar Lomelín regarding the meeting he and other business leaders had on Monday, April 6, with Mexican President Andrés Manuel López Obrador (AMLO) concerning the nation’s booming unemployment quagmire. AMLO said his doors are open, but that he disagrees with

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