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Mexico Backs Private Role in Oil

HeadlineOct 24, 2008

In Mexico, lawmakers have approved a measure that would allow private involvement in the nationalized oil sector. Former Mexican presidential candidate Andres Manuel Lopez Obrador led protests against the vote. He called the move a setback for Mexico.

Andres Manuel Lopez Obrador: “It’s an important moment in the history of the country, because we don’t accept handing over Mexican territory to foreign companies to exploit and drill oil wells.”

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