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Article

18 Mar 2015

Author:
Alfredo Acedo, Americas Program

Mexico´s privatisation impulse, this time focusing on water, blocked due to citizenry actions

“Grassroots Movement Blocks Water Privatization in Mexico”, 13 Mar 2015

...The procedure to rule on the proposed General Water Act..was deferred indefinitely…[T]he purpose of the initiative…is to place distribution of the vital liquid under the control of the private sector. This will raise rates and will not lead to better service…It also favors water use for fracking. The scheme to deliver water into the hands of special interests began years ago. According to economist…there are two types of concessions in Mexico–small and large farmers, and large corporations such as Coca-Cola, Femsa, Pepsico, Nestle and others…