President Andrés Manuel López Obrador of Mexico reshuffled his cabinet early in December in what several analysts consider a move that will improve relations with the private sector and potential foreign investors.

AMLO

The new officials, the analysts suggested, are likely also to work more closely with their U.S. counterparts in the upcoming administration of President Biden.

The key change in the reshuffle was the removal of Alfonso “Poncho” Romo, a prominent member of the elite from Monterrey, the nation’s private-sector stronghold. 

Two years ago, Romo was appointed to head the Office of the Presidency as a private sector go-between. His tenure got off on the wrong foot with the cancellation of the under-construction airport in Mexico City and never fully recovered. This...