Thursday, December 19, 2013

Peña Nieto praises Mexican democracy

Thursday, 19 December 2013 00:10
THE NEWS

President Enrique Peña Nieto praised Mexico’s democratic strength on Wednesday, saying that change through reforms was possible in that country, unlike the political paralysis that has mired other nations around the world.

Speaking at a Turkish-Mexican Business Forum, he said that energy reform is the most important structural change in the last few decades, and that it looks “to open us to the world” without losing the energy riches of the Mexican state.

He also said the reform will amplify the nation’s resource-exploitation capabilities, boost investment and jobs and ensure cheaper energy.

“We are not a closed economy, on the contrary, we have been preparing ourselves for successful insertion into the global economy,” said Peña Nieto.

The tax reform, he said, “is a rough ... matter for any nation, but it is necessary for things to happen and for the social demand to be attended to.” He didn’t elaborate on what these demands are or how they will be met.

“These reforms provide an important framework for Mexico to find itself with a secure future, with judicial certainty for foreign investment,” said Peña Nieto after witnessing the signing of a contract between a Mexican and a Turkish company, which will result in a $100 million investment in Mexico.

Hours before the forum, Peña Nieto awarded Varol Dereli, honorary Mexican consul in Istanbul, with the Mexican Order of the Aztec Eagle, which is awarded to foreigners who lend their services to Mexico or for furthering noble causes for humanity.

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