Mexico: President More Radical, Investor-Hostile

Mexican President Andres Manuel Lopez Obrador is fighting with foreign companies involved in energy, brewing, retail, mining and more. Here Italy-based energy giant Enel's Dominica wind farm in Mexico. (Photo: Enel)

Juan Francisco Torres Landa, Hogan Lovells and Luis Rubio Barnetche, Holland & Knight.


Mexican president increasingly more radical and investor-hostile.


BY JOACHIM BAMRUD

 

This month marks the first 18 months of Andres Manuel Lopez Obrador (popularly known as AMLO) as president of Mexico.

While the first year was tough enough for local and foreign investors, the past six months have become even worse, as AMLO has mismanaged the COVID-19 pandemic, refused to provide any major stimulus to companies and continued to worsen the business environment for local and foreign private companies.

All this as Mexico is suffering its worst economic crisis in modern times. The economy declined..

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Keywords: Constellation Brands, Energy, Hogan Lovells, Holland & Knight, Mexico, Pemex

 

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