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Mexican legislation seeks to reverse privatization of rail industry

Mexican legislation seeks to reverse privatization of rail industry

Mexico’s Congress has passed legislation that would reverse railroad privatization laws enacted in the 1990s and give the government more control over rail operations, particularly in terms of passenger rail.

Mexico News Daily reports the Senate passed the bill 123-0 on Wednesday. Because the legislation is a constitutional reform, it still must be ratified by at least 17 of Mexico’s 32 states to become law.

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