Mexico's new president, opposition agree to push reforms

By REUTERS
December 3, 2012 03:15

 
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MEXICO CITY - Mexican President Enrique Pena Nieto on Sunday signed a pact with the country's leading political parties to increase competition in the telecommunications sector and overhaul the education system.

The agreement was an effort to break through years of political gridlock in Congress on Pena Nieto's second day in office.

Pena Nieto, 46, took office on Saturday, returning to power his centrist Institutional Revolutionary Party, or PRI, after 12 years in the opposition. No party holds an outright majority in Congress.

"We have to negotiate to build consensus. Now is the decisive hour in the history of the country that demands politicians use common ground to reach essential agreements," Pena Nieto said at an event in the historic Chapultepec castle.

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