Tuesday, September 13, 2011

Mexico May Ease Foreign Investment Caps

From GulfNews on Mexico foreign investment caps:
Mexico wants to revamp decades-old laws to ease limits on foreign investment in markets with little or no competition such as the airline, telecoms and energy sectors.
"We think that investment restrictions have to be revisited systematically in tandem with the country's economic growth," Jose Antonio Torre, deputy minister for competition and standard-setting at Mexico's economy ministry, said.
The last time these caps were reviewed was 1993.

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