The United States Trade Representative, Katherine Taiand the Minister of International Trade of Canada, Mary Ngtalked this Wednesday about the dispute in energy matter they face with Mexico.
“Minister Ng and American Tai reiterated their shared concern about the impact of Mexico’s energy sector reforms on trade and investment, and stressed the importance of working together with Mexico to address the problem,” said a statement issued by the Canadian government.
The Canadian civil servant Mary NG stood out in his virtual meeting with Katherine Tai the importance of having a strong multilateral trading system backed by the World Trade Organization (WTO), including a “properly functioning” dispute resolution system.
Meanwhile, the Office of the United States Trade Representative (USTRfor its acronym in English) detailed that Katherine Tai expressed concern about Canada’s proposed unilateral tax on digital services and pending legislation in the Canadian Parliament that could affect digital transmission services and online news sharing and discriminate against American companies.
energy conflict
On July 20, 2022, the United States requested consultations with Mexico under the chapter of USMCA Dispute Resolutionarguing that various energy policies in Mexico violate this agreement, favor Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) and negatively affect US companies operating in Mexico and the energy produced in the United States. Then Canada submitted its own request.
In the United States, politicians and industry representatives have expressed concern about the actions of the Mexican government to strengthen the role of the state in the energy sector. The US government has argued that the actions promoted by the administration of Andrés Manuel López Obrador violate the trade agreement between Mexico, the United States and Canada (T-MEC).
The Mexican government has repeatedly insisted on its efforts to strengthen Pemex and the CFE. In February 2021, for example, Mexico granted new fiscal support worth 3.5 billion dollars to strengthen the finances of the oil company.
In addition, in 2022, it was authorized to Pemex a budget of 38.900 million dollars to continue with the modernization of the six existing refineries, which continue to be a priority, as well as the completion of the new Pemex Olmeca refinery.
(With information from Roberto Morales.)
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