Mexico 2018 Elections Update
Having completed the full tally of all voting precincts throughout the country in accordance with Mexican election laws, yesterday (August 8, 2018), Andrés Manuel Lopez-Obrador, the candidate for Juntos Haremos Historia (“JHH”), was legally declared the victor of last month’s presidential election. With this declaration, the election is legally concluded and the official transition begins.
López-Obrador won the July 1 election with an unprecedented 53% of the popular vote, and his coalition, JHH, won majority of the Senate and the Lower Chamber of Congress, as well as five of nine governorships up for ballot.
The new administration will take office on December 1, 2018, for the period 2018-2024.
We will keep you timely apprised of developments in the governmental transition phase, and the implications and opportunities arising therefrom.
Should you have any questions or wish to discuss the implications of the 2018 general election on you or your business, please feel free to contact any of the Firm’s partners or usual contacts at your convenience.