Regulatory Governance of the Rail Sector in Mexico

Foreword
Acknowledgements
Acronyms and abbreviations
Legal instruments that affect rail services in Mexico
Executive summary
	Main assessment
	Main recommendations
1 Assessment and recommendations
	Assessment on rail regulation
	Assessment on governance of the Regulatory Agency of Rail Transport
	Recommendations related to rail regulation
	Recommendations on governance
	Notes
	References
2 Performance of the rail sector of Mexico
	Industry analysis
		Economic performance
		Product analysis
		Shares of the rail sector
	Spatial analysis
	International Comparison
	References
3 State of play and reforms of the rail sector of Mexico
	Development of railways from the 19th century to 1994
	1995 Law on the Regulation of Rail Services and Mexico’s Railway Concessions
		Railway concessions
		Mergers and acquisitions
		Exclusivity
			Trackage and haulage rights mandated as exceptions to exclusivity
			Captive shipper protection
			Trackage rights negotiated in addition to those mandated in concession titles
	2015 Amendments to the Law and Establishment of the Regulatory Agency for Rail Transport
		Network objectives
		Tariffs and competition
		Responsibilities for economic regulation
	Additional amendments to the Law on the Regulation of Rail Services
	International practice on regulation and governance of the rail sector
		US methodologies
		Canadian regulation
		Interchange traffic
	References
4 Internal governance of the Regulatory Agency for Rail Transport
	Role clarity
	Preventing undue influence and maintaining trust
	Decision making and government body structure for independent regulators
	Accountability and transparency
	Stakeholder engagement
	Funding
	Performance evaluation
	References
Glossary and definitions