MEXICO CITY – Former British prime minister Tony Blair has praised Mexico’s moves to reform its energy sector as “the most significant political event” for the country which could develop its resources with the help of the United States and Canada.Speaking to university students on Tuesday, Blair said that if Mexico took advantage of the shale gas revolution and developed renewable energy resources with these partners, it would be the most transforming event in energy since the founding of the Organization of Petroleum Exporting Countries.
Mexican President Enrique Peña Nieto recently signed a law allowing private participation in Mexico’s energy sector, permitting foreign companies to explore and drill for Mexican oil and gas for the first time in 70 years.
Peña has also signed legislation overhauling the country’s education system and the finance sector.
The former prime minister, who left politics in 2007 and now works as an advisor for companies in the energy and finance sectors, explained that the benefits from the reforms would not arrive overnight.
“These reforms will work, they will bring change, they were completely necessary, but it will take time for the benefits to be evident,” Blair said, adding that they had been well received by the international community.
While in Mexico, Blair will attend “Business Summit 2014,” which will be held in the central state of Queretaro from Oct. 26-28, and will be inaugurated by the Mexican president.
No comments:
Post a Comment