Pact for Mexico

Mexican history

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July 21, 2026

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The "Pact for Mexico" was a political agreement initiated by Mexican President Enrique Peña Nieto shortly after his inauguration in December 2012. This pact brought together Mexico's three major political parties—the Institutional Revolutionary Party (PRI), the National Action Party (PAN), and the Party of the Democratic Revolution (PRD)—to support a 95-point agenda of policy reforms.

Key areas targeted by the pact included fiscal policy, public education, and the energy and telecommunications sectors. A significant outcome was the amendment of constitutional articles that granted the national oil company, Pemex, exclusive control over oil and gas operations, opening the door for foreign investment to revitalize the industry.1

The pact also paved the way for the renegotiation of the North American Free Trade Agreement (NAFTA), which was eventually replaced by the United States-Mexico-Canada Agreement (USMCA) in 2020.12

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Mexico
Peña Nieto and the return of PRI rule
…things done, announced a “Pact for Mexico” that joined the PRI, PAN, and PRD in support of a 95-point agenda of policy reform. The pact generated considerable discontent within the PAN and especially within the PRD, many of whose members expressed unhappiness with their leaders’ decision to collaborate with…
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…things done, announced a “Pact for Mexico” that joined the PRI, PAN, and PRD in support of a 95-point agenda of policy reform. The pact generated considerable discontent within the PAN and especially within the PRD, many of whose members expressed unhappiness with their leaders’ decision to collaborate with…
Read More