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Mexico
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Andres Manuel Lopez Obrador sworn in as Mexico’s first leftist leader in more than 70 years

  • Lopez Obrador has pledged ‘a peaceful and orderly transition, but one that is deep and radical’

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Mexico's new President Andres Manuel Lopez Obrador, left, receives the presidential sash as Porfirio Munoz Ledo, president of the Congress, right, looks on during the inaugural ceremony at the National Congress in Mexico City, Saturday, December 1, 2018. Photo: AP Photo/Eduardo Verdugo
Associated Press

Andres Manuel Lopez Obrador took the oath of office Saturday as Mexico’s first leftist president in over 70 years, marking a turning point in one of the world’s most radical experiments in opening markets and privatisation.

Lopez Obrador pledged “a peaceful and orderly transition, but one that is deep and radical”.

Mexico long had a closed, state-dominated economy, but since entering the General Agreement on Trade and Tariffs in 1986, it has signed more free trade agreements than almost any other country, and privatised almost every corner of the economy except oil and electricity.

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Now, though, Lopez Obrador talks a talk not heard in Mexico since the 1960s: He wants to build more state-owned oil refineries and encourages Mexicans to “not to buy abroad, but to produce in Mexico what we consume”.

People at the Zocalo square, in Mexico City, watch on a huge screen the inauguration ceremony of Mexico president-elect Andres Manuel Lopez Obrador being held at the Congress of the Union, on December 1, 2018. Photo: AFP
People at the Zocalo square, in Mexico City, watch on a huge screen the inauguration ceremony of Mexico president-elect Andres Manuel Lopez Obrador being held at the Congress of the Union, on December 1, 2018. Photo: AFP
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Combined with a deep sense of nationalism and his own place in history, Lopez Obrador’s inauguration is likely to be the most home-grown, populist handover of power in decades.

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