On May 23, Mexican President Enrique Peña Nieto signed a series of bills to implement constitutional changes to the country’s political and electoral processes. The reforms bring some of the most dynamic shifts to Mexican politics since the 1990s, including replacing the Federal Electoral Institute (IFE) with the National Electoral Institute (INE). The new INE and the measures behind it now strive to replicate the IFE’s success in the country's states and municipalities.
Under proposed legislation to implement Mexico’s energy reforms, Pemex will remain a privileged state operator supporting exploration and production in most of the country's proven onshore and shallow water fields. It is not known if energy reform will effectively turn Pemex into a firm able to compete without policy bias against private investors.
