U.S., Canada Protest Mexico's Energy Policies

U.S., Canada Protest Mexico

July 28, 2022--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--U.S. Trade Representative Katherine Tai and her Canadian counterpart Mary Ng recently expressed opposition to Mexican policies that they believe undermine trade within North America. Tai, in a statement, requested dispute settlement consultations under the United States-Mexico-Canada Agreement (USMCA), a trade agreement among the three countries signed in 2018.

These disputes have emerged following Mexican President Andres Manuel Lopez Obrador's nationalistic policies, which have aimed to strengthen national state companies while sidelining private companies and investments.

Among the most disputed policies are efforts by Mexican to amend the electricity law, prioritizing power distribution from the state-controlled Comision Federal de Electricidad (CFE) (Mexico City, Mexico) over private companies.

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