February 28th, 2025

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1. Mexican Delegation Continues Bilateral Dialogue with the US Amid Tariffs

The Mexican security cabinet, led by the Secretary of Security and Citizen Protection, Omar García Harfuch, and accompanied by the Secretaries of Defense and Navy, traveled to Washington, D.C., to meet with U.S. Secretary of State Marco Rubio. The delegation aims to reach a coordination agreement on security and bilateral trade issues. President Claudia Sheinbaum emphasized the importance of maintaining dialogue with the U.S. government, particularly in light of the imposition of tariffs on Mexican imports by the administration of President Donald Trump on March 4th.

Meanwhile, the economic delegation, headed by Secretary of Economy Marcelo Ebrard, continues its efforts to address trade and security tensions, seeking to mitigate the potential economic impact of U.S. tariffs. The goal is to strengthen cooperation between the two countries while respecting Mexico’s sovereignty.

El Financiero: Gabinete de seguridad viaja a Washington para reunirse con Rubio.

DW: México arreciará diplomacia para eludir aranceles de Trump.

2. Sheinbaum Signs Agreement to Cap Gasoline Prices

The federal government, led by President Claudia Sheinbaum, confirmed this Thursday the signing of a historic agreement with fuel station owners to establish a maximum price of 24 pesos per liter for Pemex’s regular Magna gasoline. This voluntary pact will be in effect for six months and aims to protect the economy of Mexican families. During this period, periodic evaluations will be conducted to measure its effectiveness and make adjustments if necessary.

The agreement was signed at the National Palace with the participation of more than 20 business owners, Pemex Director Víctor Rodríguez Padilla, and Energy Secretary Luz Elena González. The measure is part of the “National Policy to Promote Gasoline Price Stability for the Benefit of the Mexican People,” and Pemex has committed to implementing a national wholesale price to meet the objective.

El Economista: Sheinbaum firma pacto para establecer tope de 24 pesos por litro para la gasolina por 6 meses.

3. Deputies Approve Ban on Transgenic Corn

With a majority of 382 votes, the Chamber of Deputies approved President Claudia Sheinbaum’s initiative to ban the cultivation of transgenic corn in Mexico. The reform modifies Article 4 of the Constitution, establishing that corn cultivation must be free from genetic modifications that surpass natural reproductive barriers. Additionally, it prioritizes the protection of biodiversity, food sovereignty, and agroecological management, promoting scientific research and traditional knowledge.

Legislators from the PAN criticized the initiative, arguing that it will negatively impact Mexican agriculture and jeopardize productivity and competitiveness. The initiative now moves to the Senate for discussion and possible approval.

El Financiero: Con votos del PRI y MC, aprueban el veto al maíz transgénico; va al Senado.

4. Senate Committees Advance Transfer of Data Protection Functions

The joint committees of Governance and Legislative Studies in the Senate approved a draft decree to enact new laws on transparency and personal data protection. The proposal aims to transfer the functions of the National Institute of Transparency, Access to Information, and Personal Data Protection (INAI) to the Secretariat of Anticorruption and Good Governance (SABG), leading to the dissolution of the former. This initiative grants the SABG the authority to oversee and act on matters related to guaranteeing access to information rights and the protection of personal data held by public and private institutions. Following its approval, the draft was sent to the Senate’s Board for publication and discussion in the Plenary next week.

La Jornada: Aprueban en comisiones transferencia de funciones del INAI a SABG.

5. Senate Approves Energy Reform

The Senate approved the energy reform proposed by President Claudia Sheinbaum, with 81 votes in favor and 39 against. The initiative aims to strengthen state control over the energy sector, prioritizing public companies such as the Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex). The reform includes the creation of new laws and modifications to regulate the organization and operation of both companies, granting Pemex greater flexibility to partner with private entities and establishing that CFE must generate at least 54% of the country’s electricity. Additionally, lithium is declared a strategic resource, prohibiting its exploitation by private companies.

Lawmakers from Morena emphasized that the reform seeks to recover energy sovereignty, reversing the 2013 opening to the private sector. However, the opposition expressed concerns about potential impacts on private investment and compliance with environmental commitments. The initiative now moves to the Chamber of Deputies for final discussion.

Infobae: Senado aprueba reforma energética de Sheinbaum para fortalecer control estatal del sector.