Friday, March 24, 2023

The Ministry of Economy has launched T-MEC. reaffirmed US request to review Mexico’s energy policy under

Ministry of Economy Informed that Mexico has received a request by the United States to initiate consultations on the energy policy of the President’s government Andres Manuel Lopez ObradorIn accordance with the provisions of Article 31.4 of the Treaty between Mexico, the United States and Canada (T-MEC).

“The Government of Mexico expressed its desire to reach a mutually satisfactory solution during the consultation phase,” assured the Secretariat that it is the principal Tatiana Clothier,

constitutes the non-controversial phase of the general dispute settlement mechanism provided by the consultation T-MECFederal agency recalled.

From this date, both countries have a period of 75 days to resolve the dispute during this phase. In the case of not reaching a mutually satisfactory agreement on the correct application and interpretation of these provisions, the United States may request the establishment of a panel to decide on the matter.

Since the implementation of T-MEC – July 1, 2020-, This is the fourth time the mechanism has been used. General dispute resolution. The United States initiated a process against Canada for the distribution of quotas in the dairy sector; Canada against the United States for a safety measure on photovoltaic cells; and Mexico and Canada against the United States for interpreting and enforcing the rules of origin in the automotive sector.

The Ministry of Economy is a dependency of the Federal Public Administration in charge of coordinating the defense of the Mexican state.

The United States advanced this Wednesday by filing a formal complaint under the North American trade deal in its dispute with Mexico over President López Obrador’s energy policy considering it harms its companies.

Washington Government requests consultation to resolve disputes; The first step in a process that could lead to retaliation, given that Mexico benefits CFE already Pemex to the detriment of American companies and to hinder the growth of clean energyAccording to the Office of the US Trade Representative.







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