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Sunday, December 04, 2022

Mexico receives request from Canada to review energy policy; You have 75 days to solve it

The Mexican government got through on this Wednesday Ministry of Economythe application of Canada to start counseling electricity industry lawAccording to T-MEC.

The agency said through a statement that till date it has 75 days to resolve the dispute.

meeting: Government of Mexico T-MEC. Will try to resolve the energy dispute with the US through a reconciliation route of

“In case of not reaching a mutually satisfactory agreement on the correct application and interpretation of these provisions, Canada may request setting up of a panel to take a decision on the matter,” the secretariat said.

The document indicates that these consultations are part of the “non-controversial” phase of the dispute resolution mechanism. T-MEC.

The Ministry of Economy assured that this request Canada have some elements in common with the one offered by the government of America.

Therefore, Mexico will try to maintain a coordinated process with both trading partners. T-MEC To discuss the scope of the said requests,” the statement read.

We recommend you: US businessmen welcome request for consultation on Mexico’s energy policy

To finalize this document, the Mexican government undertook to provide a “mutually satisfactory” solution at this consultation level.

This Wednesday, the Ministry of the Economy received a request from the United States “to initiate consultations by the United States Government with respect to its energy policy, in accordance with the provisions of Article 31.4 (Consultation) of the Treaty between Mexico, the United States of America.” and Canada (T-MEC)”, depending on the dependency,

President Andres Manuel Lopez Obrador acknowledged this Wednesday that it has received a request from Washington to begin consultations on its questionable energy policy within the framework of the treaty between Mexico, the United States and Canada. (T-MEC).

“It was formally announced yesterday that a review is being requested, regarding a clarification on our policy” mighty because it is believed to affect the treaty”, the president revealed in his morning press conference.

His statement came after it came to the fore that Catherine Tai, Representation commercial The United States will seek advice from Mexico on measures that “undermine the energy produced by American companies and the United States.”

With information from EFE

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