Mexican Political Reform
The ruling Institutional Revolutionary Party (PRI) has gotten the drop on opposition politicians by proposing broader-than-anticipated political reforms for the 1994 presidential elections. The new formula would give the opposition more senate seats, guarantee them access to the media, put strict rules on campaign financing, and toughen up election supervision. The proposals are in part aimed at convincing the U.S. and Canada, Mexico's potential partners in the North American Free Trade Agreement, that the country is becoming more democratic. President Carlos Salinas de Gortari, who won just 51% of the vote in 1988, may also be trying to head off a possible alliance between his main opponents, the middle-of-the-road National Action Party (PAN) and the left-leaning Democratic Revolutionary Party (PRD).
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Uber Paid Hackers to Delete Stolen Data on 57 Million People
- European Stocks Erase Losses; Dollar Extends Drop: Markets Wrap
- Tesla’s Burning Through Nearly Half a Million Dollars Every Hour
- Two Biggest Risks Now Are China and Inflation, Market Veteran Says
- New Uber CEO Keeps Finding Horrors at Every Turn