President Pena Nieto Names Former Finance Minister Videgaray as Foreign Minister
Joshua Partlow - The Washington Post
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January 4, 2017
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Mexico’s president appoints Luis Videgaray as FM (CGTN)

Mexican President Enrique Peña Nieto resurrected the political fortunes of Luis Videgaray, who was ousted in the wake of Donald Trump’s visit last year, by naming him foreign minister on Wednesday.

The replacement is a stunning reversal at the top ranks of the Mexican government and shows the influence of the incoming Trump administration on the Mexican government's foreign policy strategy.

As finance minister last year, Videgaray advocated for Trump to visit Mexico as a way to calm financial markets and establish a relationship with the then Republican candidate in the event that he won the election.

The visit caused immense outrage in Mexico as citizens saw Peña Nieto as bowing down to a candidate who had been harshly critical of Mexicans, including his calls to build a border wall. Videgaray lost his job in the aftermath of the visit, but his stock has been rising ever since Trump's election.

His appointment as foreign minister essentially rewards Videgaray for guessing correctly on Trump’s election. It also recognizes the importance of his relationship with Trump’s transition team as well as his economic expertise in a time when trade ties between Mexico and the United States are being tested.

Read the rest at The Washington Post

Related: Mexico's New Foreign Minister Was Once Called 'a Wonderful Man' by Donald Trump (The Los Angeles Times)

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