Italy's Letta sees opportunities in Mexico's energy reform


  • World
  • Tuesday, 14 Jan 2014

Italian Prime Minister Enrico Letta (L) shakes hands with Mexican President Enrique Pena Nieto after signing bilateral agreements at the National Palace in Mexico City January 13, 2014. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - Italian Prime Minister Enrico Letta said on Monday he sees opportunities for Italian firms to invest in Mexico's energy sector thanks to a government opening of the ailing, long-shuttered industry.

Mexican President Enrique Pena Nieto last month signed a bill into law that ended the country's 75-year-old oil and gas monopoly. Under the new legislation, which is still being definitively mapped out, foreign companies will be able to enter the sector, bringing expertise and efficiency to state oil monopoly Pemex.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

'I can't breathe': Black man in Ohio tells police before he died, video shows
Support for South Africa's ANC near 40% weeks before election, Ipsos poll shows
Azerbaijan's Aliyev rejects criticism over journalists' arrests
Russia attacks Ukraine's rail lines to disrupt supply of U.S. arms, source says
Andrew Tate human trafficking trial can start, Romania court says
Ceasefire monitoring centre in Nagorno-Karabakh shuts as Russian peacekeepers withdraw
Supporters of Spain's Sanchez call rallies, leftists abroad urge him to stay
Let us press on with UK migrant plan, Rwanda tells critics
Ukraine's Zelenskiy calls for air defense systems as allies meet
Analysis-Trump election subversion case bogs down as allies' legal woes grow

Others Also Read