The mexican government offered this Thursday to be venue for the third round of queries under the Mexico-United States-Canada Treaty (USMCA), as well as the provision of settle the dispute in energy matter without having to go to an international arbitration panel.
“It was highlighted that Mexico seeks to reconcile differences in the consultation phase, without the need to reach an arbitration panel and guaranteeing national sovereignty,”
reported in a statement the Ministry of Economy (SE) of Mexico.
Address concerns from the US and Canada
After a meeting between the head of the SE, Raquel Buenrostro, and the United States trade representative, Katherine Tai, the Mexican government expressed that it is working in coordination with the Ministry of Energy and other authorities in the field “To fully address the concerns raised by the United States and Canada.”
The Mexican agency specified that the Secretary of Energy of Mexico, Rocío Nahle, is the one who has led the Mexican energy sector and has “taken a leading role in the construction of precise, forceful and mutually satisfactory solutions that at the same time safeguard national sovereignty”. .
With this, our country would be in a position to receive USTR and Global Affairs officials in the coming days.”
added the Mexican agency.
Trinational Working Groups
In turn, the Ministry of Economy reported on the intention to establish trinational working groups, which would meet during December and early January to address different aspects of the energy inquiries.
If this plan is satisfactorily fulfilled, the progress could be presented at the North American Leaders Summit to be held in our country on January 9 and 10, 2023.”
added the SE communication.
In addition, it was reported that both representatives of the Governments of Mexico and the United States reviewed a broad agenda of discussion topics such as the fight against forced labor, energy, biotechnological, environmental, as well as the regional strengthening of supply chains.
Since July 19, the United States has requested consultations on the settlement of disputes with Mexico under the trade agreement. USMCA for allegedly violating agreements on economic competition, to which the Canadian Government immediately joined.
The consultations are related to the regulatory preference of the Government to benefit the Mexican state companies Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE).
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