Wednesday, December 07, 2022

Piden EU and Canada consultations via T-MEC on energy policies

written in Global

America.- The Government of Canada announced that it would engage in consultation on a trade dispute officialized by the United States against Mexico, taking into account the energy policy that violates the Treaty between Mexico, the United States and Canada (T-MEC). .

The US Trade Representative’s Office (USTR, in English) indicated that President Andrés Manuel López Obrador’s energy policy violates four articles of T-MEC, denies access to private companies in the Mexican market and gives preference to Pemex and CFE. gives.

“We have repeatedly expressed serious concern about changes in energy policies and their continuity with Mexico’s commitments under the USMCA,” said US Trade Representative Catherine Tai.

He also argued that Mexico’s policies have largely cut off US and other investments in the country’s clean energy infrastructure, including a call to roll back reforms previously undertaken to meet its climate goals under the Paris Agreement. Important steps are involved.

The USTR assesses that Mexico’s political changes threaten to drive out private sector innovation from the Mexican energy market.

Mexico offers US talks

The Under Secretary of Foreign Trade, Luz María de la Mora, said that they are ready to have a frank and constructive dialogue with the United States to resolve the dispute over changes in Mexican energy policy.

“We are open to a frank, constructive dialogue with the United States to see how we can find places where we can both be satisfied,” he said.

They said they “will analyze the issue and we will comment internally at the government level on questions that the United States is doing and over a period of 30 days we will have to sit down with the United States to talk, The foreseeable period for consultation is 75 days, but that doesn’t mean we can’t extend it any more.

The Under-Secretary remarked that the Treaty between Mexico, the United States and Canada (T-MEC) “has anticipated dispute settlement mechanisms, precisely when the parties recognize that the treaty cannot be agreed upon, we shall at that point where we can define whether it is indeed true or one or the other”.

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