U.S., Canadian trade ministers elevate concerns about Mexican energy aspect

President Joe Biden’s top trade communicator said that the U.S. has “real concerns” about Mexican President Andres Manuel Lopez Obrador’s energy policy

July 08, 2021 - 05:43 PM 491 views

U.S., Canadian trade ministers elevate concerns about Mexican energy aspect

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President Joe Biden’s top trade communicator said that the U.S. has “real concerns” about Mexican President Andres Manuel Lopez Obrador’s energy policy and will look for approaches to direct them.       

U.S. Trade Negotiator (USTR) Katherine Tai told news persons during a joint news conference that the United States is intimately following Mexican President Andrés Manuel López Obrador’s

conceptualization to the oil and power sectors, and appeared to propose inherent differences.

“Concerning the energy policies that we see talk about and visualized by the López Obrador administration, we are watching very closely. …

 We are increasing our concerns. We are here to pursue,” Tai said, without mentioning specific matters.

 

Her reaction came in response to a question about the Mexican government’s decision late last week to pick out state-owned Pemex to run a major shared oil find instead of a private syndicate led by U.S. oil company Talos Energy (NYSE:) Inc, which made the breakthrough in 2017.

 

Ng told the news association she would discuss alterations in the Mexican energy sector with the Mexican energy secretary on Thursday.

Her office published a statement saying that Ng had ingeminated Canada's “ongoing concern” with the investment mood in the Mexican energy and mining bodies.




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