U.S. Raising Concerns on Mexico Energy Policy, Trade Chief Says

  • President Joe Biden’s top trade negotiator said that the U.S. has “real concerns” about Mexican President Andres Manuel Lopez Obrador’s energy policy and will look for avenues to address them. 
  • The American and Canadian energy industries say the leader known as AMLO is discriminating against foreign companies with changes to electricity and hydrocarbons laws. 
  • His administration has sought to roll back the 2013-2014 energy reforms that opened Mexico to private drilling, working to return much of the energy sector to state-owned crude producer Petroleos Mexicanos and electric utility Comision Federal de Electricidad. 
  • “We are raising our concerns, we are here to engage, and we will be exploring avenues for addressing our concerns,” U.S. Trade Representative Katherine Tai told reporters on Wednesday after finishing a meeting with Mexican Economy Minister Tatiana Clouthier and Canadian Trade Minister Mary Ng.

(Source: Reuters)