The presidential election campaign in Mexico is well underway and Mexicans will vote for their new president on July 1 and consider these three main candidates, among others: (1) Andres Manuel Lopez Obrador from the political party Morena, (2) Ricardo Anaya from the PAN, and (3) Jose Antonio Meade from the PRI. Left of center Lopez Obrador, who is running for President for the fourth time, holds a distinct lead in the polls and investors are closely watching his policy statements during the campaign to assess the impact of a possible Lopez Obrador election win on the general business environment and their investments in particular. Two issues come to mind – the proposed Mexico City International Airport and the Mexican oil and gas reforms – particularly, the current and future investments by upstream oil and gas companies in the sector after a 70-plus year prohibition on private investment was lifted as part of the reform package passed in the early stage of the Enrique Pena Nieto Administration. ...
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First appeared in LatinVex April 18, 2018.