KEYPOINTS OF PRESIDENT ANDRES MANUEL LOPEZ OBRADOR’S MORNING PRESS CONFERENCE

for human consumption when necessary. It also established the obligation to consult with indigenous communities to grant an exploration concession and mentioned the importance of approving the Indigenous Consultation Law pending in the Senate. In summary, the initiative was adjusted to regulate mining activity and it is expected to be further adjusted in the coming years.

• Pending Legislative Agenda: The Secretary of the Interior met with the Senate’s parliamentary groups to analyze the pending legislative agenda, which includes reforms approved in the Chamber of Deputies, such as the one that converts the crime of arms trafficking into a crime subject to unofficial preventive imprisonment and the one that reduces the age for the election of young people to federal deputies and state secretaries. Ignacio Mier (MORENA) and Sen. Ricardo Monreal (MORENA) to discuss the issues to be discussed in both chambers. In addition, he has had meetings with members of the JUCOPO and members of the Mining Chamber of Mexico.Energy

• Acquisition of power plants: The President informed that the purchase of power plants from Iberdrola will allow the CFE to become the majority power generation company in the country. The purchase includes 13 plants, 12 combined cycle and 1 wind, and will cost approximately US$5.943 billion. The operation will be 51% financed by the National Infrastructure Fund and the rest will be acquired through debt and financing. The objective is to meet the country’s peak demand for electricity and to ensure that FONADIN holds the majority of the risk capital assets related to this acquisition.

• Welfare Programs: The Welfare Secretariat reported that as part of the Production for Welfare program, direct support has been delivered to producers in Chiapas, Tabasco, Campeche, Yucatan and Quintana Roo, mainly for the cultivation of coffee, sugar cane, cocoa and honey. Information was also provided on other programs, such as the Pension for Wellbeing, Pension for the Disabled, Support for Working Mothers, Benito Juarez Scholarships, Youth Building the Future, School is Ours, Sembrando Vida, Fertilizers for Wellbeing, Support for Fishing and Housing. In total, these programs benefit millions of people in Mexico and represent a significant investment by the government.

• Initiative to eliminate or merge agencies: The President mentioned that as far as workers are concerned no one will be fired, they will have their jobs guaranteed, what will happen is that these agencies will be liquidated since they are not necessary and only use public budget. All that is saved will be returned to the people, since the budget is the citizens’ money and not the government’s or the officials’ money as previously thought.

KEYPOINTS OF PRESIDENT ANDRES MANUEL LOPEZ OBRADOR’S MORNING PRESS CONFERENCE

Health

• Federal Law for the Control of Chemical Precursors: The Undersecretary of Prevention and Health Promotion, Hugo Lopez Gatell, pointed out that the Chamber of Deputies yesterday approved the Federal Law for the Control of Chemical Precursors, Essential Chemical Products and Machines to Manufacture Capsules, Tablets and/or Tablets. The regulation is very important because it will contribute to the drug control strategy and will allow flexibility so that new formulas, which organized crime develops, can be monitored and dealt with in a timely manner. With this reform, Mexico will have the broadest law on the matter. He also stated that the entire pharmaceutical industry will be obliged to monitor the use of precursors and to notify COFEPRIS through a platform that was developed with the help of the Secretariat of the Navy.

• Latin American and Caribbean Drug Agency: Alejandro Svarch also pointed out that within the framework of the National Week Against Health Risks, tomorrow, April 26, the Declaration of Acapulco will be signed, which will be signed by the regulatory agencies of Mexico, Colombia and Cuba. This represents the first step in the constitution of the Latin American and Caribbean Medicines Agency (AMLAC). This agency, which already has the support of 10 countries in the region, will enable self-sufficiency and sanitary sovereignty, as it will provide access to good quality medicines and vaccines in less time. AMLAC will serve to establish common standards to guarantee the quality of inputs used in the region, eliminate regulatory duplication and promote clinical research and innovation.

Infrastructure

• Conflict with Calica and Tren Maya: The report refers to the progress of the Tren Maya project in Mexico, including the construction of section 2 in Campeche, which is expected to be inaugurated in December 2023. The project has generated more than 12,000 jobs and is the subject of international and local litigation. In addition, mention was made of a dispute between Calica and CEMEX for an early termination of the contract for the use of the Cozumel dock, but the supply of food or medicines to the island has not been affected. The issue of environmental devastation was also addressed, and it was reported that Calica’s stone benches have been closed by the current government after reviewing the conditions of the permits granted by previous governments.

• Veracruz Governor’s Report: Governor Cuitlahuac Garcia reported that investments have grown thanks to the promotion of the Isthmus of Tehuantepec, of which Constellation Brands stands out.

• Review of concessions: President Lopez Obrador accused former presidents Fox and Calderon of having given millions of hectares in mining concessions to companies, without charging them