Foreign Investment Law

On April 30, 2014, the Federal Government submitted to Congress a package of nine new laws and twelve energy statutes to be amended "supplemental laws", resulting from the recent changes to Mexico's Federal Constitution with respect to the energy reforms.

The amendments to the Foreign Investment Law are proposed for a dual purpose: (i) reflect the new constitutional framework in the law for areas of strategic importance, and (ii) encourage foreign investment in the industry to strengthen the benefits of the reform.

Hydrocarbons exploration and production, as well as the planning and control of the National Electricity System, and the electricity transmission and distribution to the public, will remain strategic activities of the state, with the participation of the private sector.