dorset chiapas solidarity

April 22, 2016

Senate Passes Federal Law for Special Economic Zones (SEZ)

Filed under: sipaz, Uncategorized — Tags: , — dorsetchiapassolidarity @ 7:48 am

 

.

Senate Passes Federal Law for Special Economic Zones (SEZ)

 

SEZ.pngThe Special Economic Zones @Presidencia de la República

 

On Thursday, April 14, the Senate passed the Federal Law for Special Economic Zones (SEZ) with 88 votes in favor and eight against. The purpose of this law is to reduce poverty, allow for the provision of basic services and broaden the opportunities for a healthy and productive life in the regions which have the greatest deficiencies in social and economic development, according to the judgment. It will do so through the promotion of investment, productivity, competitiveness, employment, and a greater distribution of income among the population. The law establishes preferential conditions for national and foreign private companies. It will give concessions for 40 years, renewable for 40 more, and will enjoy tax and customs exemptions for eight years, for example.

While the Institutional Revolutionary party (PRI), the National Action Party (PAN), Ecologist Green Party (PVEM) and the Democratic Revolution Party (PRD) endorsed the law, the PRD senator, Dolores Padierna, rejected it. She pointed out that the law does not provide for any social benefit but benefits “for the economic elite of this country and foreign companies.” Similarly, senator Layda Sansores San Ramon, Citizens Movement (MC), considers that “it auctions Mexico.” Sharing this idea, the coordinator of the Work Party (PT), Manuel Bartlett warned that the developers of the SEZ will become administrators of the states of the republic in which they operate and seek “to deepen the appropriation of national territory for big international finance companies.” In effect, the law plans the expropriation of all territories required to establish investment projects, which will be administered by businessmen, who will be able to operate their own surveillance and security companies. Bartlett concluded assuring that “this is not a Peña Nieto project, because Peña Nieto has no projects. This is a North American plan studied in its universities. It is a big lie that with growth there can be a distribution of wealth.”

 

https://sipazen.wordpress.com/2016/04/17/national-senate-passes-federal-law-for-special-economic-zones-sez/

.



.

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: