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Mexico's Pena Nieto to tour Gulf states, eye on oil

Mexican President Enrique Pena Nieto in Mexico City on January 8, 2016Mexican President Enrique Pena Nieto will depart Sunday for state visits to Kuwait, Qatar, Saudi Arabia and the United Arab Emirates, focused on economic and energy issues, his government said. Pena Nieto, who is trying to breathe new life into Mexico’s key oil sector, will seek to increase trade and investment ties with “a part of the world that is continually growing in importance,” said Foreign Minister Claudia Ruiz Massieu. Mexico is keen to attract investment to its oil sector after Pena Nieto undertook reforms that ended state-run firm Pemex’s 77-year monopoly.

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