Monday, February 6, 2023

Biden didn’t listen, but Trudeau did: AMLO announces Canadian investment in the Southeast

President López Obrador celebrated that Canadian investment in Mexico is on the rise.

Mexico City, January 11 (however).- Pres. andres manuel lopez obrador new announcement this wednesday Canadian investment in Mexicoespecially digging and in a pipeline project to the southeast of the country.

During their bilateral meeting, the Mexican President celebrated that Canadian investment in Mexico is on the rise.

“We’ve dealt with economic issues related to investments in Mexico by Canadian companies, mining companies, important companies like TransCanada who are investing to build a gas pipeline to the Gulf of Mexico. It’s a big investment and it’s very important because it has That would mean supplying to the southeast of Mexico”, he said.

Similarly, the two countries addressed the issue of problems faced by Canadian companies in the electricity sector, to which López Obrador promised Trudeau “to receive companies that may have pending issues”, somewhat disagreeing with the government’s attitude. “

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“We talked about companies that are working in the power sector. We’re also looking to address the problems, the differences that logically arise when it comes to this relationship in a boom, because Canadian investment in Mexico is growing like never before, obviously some The issues have to be addressed.

“I made a commitment with Prime Minister Trudeau to get companies that may have pending issues some disagreement with the government’s attitude. We are always ready for talks.

And it is that Canada, along with the United States, points to Mexico for violations of the North American Free Trade Agreement, as the country has laws in the electricity sector that protect the Mexican state energy sector against private and foreign investors focused on clean energy. favors companies.

However, the President of Mexico insisted that not only economic and commercial issues were discussed, but also the importance of the immigration program done with temporary visas for Mexican workers in Canada. In addition to the recognition of indigenous communities, indigenous peoples, whose agreement will be signed today, as announced.

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The Mexican President held a bilateral meeting with the Canadian Prime Minister as part of the X Summit of North American Leaders. Photo: Government of Mexico.

For his part, Justin Trudeau described the alliance with Mexico as “very solid”, noting that both are “progressive countries”. He indicated that the relationship has deepened in recent years and said the two leaders were working to further strengthen ties and common contributions to the North American Alliance.

The bilateral meeting comes a day after a meeting of the three leaders of the United States, Canada and Mexico in which they expressed their intention to work on a single front to address key issues such as migration, competitiveness, security sector and climate change. Of. ,

The trilateral meeting is held almost every year, though was a holiday during the Trump presidency and is often referred to as the “Three Friends Summit”, a reference to the deep diplomatic and economic ties between the countries.

But leaders were still out of step, especially in their efforts to manage the surge of migrants and go after smugglers who profit by persuading people to make the perilous journey to the United States.

With inputs from Associated Press

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Nation World News Desk
Nation World News Desk
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