Mexico to eliminate 7 independent regulatory, oversight agencies. What does it mean for the future?

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Mexico’s Senate has voted to eliminate seven independent regulatory and oversight agencies, a move that critics warn will cement the ruling party’s power and avoid outside scrutiny. The American Chamber of Commerce said in a recent report it worries the changes “could result in disputes with our trading partners,” because the U.S.-Mexico-Canada trade agreement requires independent anti-monopoly authorities. The Mexican government is also eliminating two independent agencies that measured progress in fighting two of the country's key problems: poverty and the under-performing public school system. She said earlier this month that “there will be more transparency, but there won't be corruption.” The president has insisted that transparency rules and the right to information will be preserved, and that “the public will be able to easily review the functioning, the spending and everything the Mexican government does.” What really angered the government was that the anti-monopoly commission would not make exceptions for the debt-laden, corrupt and inefficient state-owned energy companies that the ruling party sees as its personal fiefdoms.