Friday, June 21, 2024

Business-friendly bureaucrat resigns as AMLO’s chief of staff

President López Obrador announced Wednesday that his chief of staff was stepping down but would continue to be his “main link” to the private sector.

López Obrador said on Twitter that Alfonso Romo, a business tycoon with interests in several sectors and a former olympic equestrian, agreed to serve two years in his government and that period has now concluded.

“He has helped me and will continue helping. He’s an independent and honest man, committed to just causes. In addition, he’s my friend,” he wrote.

“I will never forget that he was the first businessman to support the transformation movement,“ López Obrador said, referring to his government.

In addition to serving as the president’s chief of staff, Romo has headed up the National Council for the Promotion of Investment, Employment and Economic Growth.

He has pushed strongly for Mexico to take advantage of the trade war between the United States and China in order to attract greater investment. Romo has also said that Mexico has a signifiant opportunity to benefit from an increased regionalization of supply chains due to the coronavirus pandemic and the entry into force of the new North American free trade agreement, the USMCA.

The government has nevertheless implemented some policies, most notably in the energy sector, that are not seen as being particularly friendly to private investment.

It remains to be seen what impact, if any, Romo’s departure has on future policy decisions.

After López Obrador’s announcement, several business groups acknowledged the role the outgoing chief of staff has played in linking the business sector to the government.

“In complex circumstances, he acted as a translator [and] interlocutor” between the two parties, said Gustavo Hoyos, president of Coparmex, the Mexican Employers Federation.

“He was the brake on many [government] ideas,” he wrote on Twitter, adding that he had kept the “radicals” in check.

The Business Coordinating Council, an umbrella organization of 12 business groups, described Romo as a valuable member of the government and an “open-minded interlocutor” with whom “sincere dialogue” was always possible.

“He will certainly continue working for the good of Mexico in his upcoming duties. We will miss him.”

Source: Milenio (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
U.S. Treasury Secretary Janet Yellen announces the new sanctions against La Nueva Familia Michoacana, speaking at a podium

US announces new sanctions targeting members of La Nueva Familia Michoacana

U.S. officials said the sanctions target leaders, lieutenants and an assassin working for the criminal organization La Nueva Familia Michoacana.
A fisherman points out the bubbling "water eye" in the ocean off Cozumel Island, with a cruise ship and another fishing boat in the background.

Churning “water eye” appears off coast of Cozumel Island in Quintana Roo

The phenomenon is a result of the Yucatán Peninsula's unusual geology.
A person pours water on his face under blazing sun

Heat-related death toll climbs to 155, more than doubling in 3 weeks

Tabasco and Veracruz account for nearly half of all heat-related fatalities in the country so far this year.