This morning, the US government requested consultations on dispute resolution with Mexico within the framework of the TMEC for energy policies that it considers discriminatory and that “harm” its companies.
The request, which was announced by the Office of the United States Trade Representative (USTR, for its acronym in English), represents the most serious dispute between Washington and Mexico City since the Treaty entered into force.
Canada, the other member of the TMEC, also announced that it would request its own consultation on dispute settlement over Mexican energy policies, arguing that they are “inconsistent” with the regional pact.
The USTR explained that the consultations requested refer to measures that, according to its arguments, harm US companies in favor of the Mexican state Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex).
With information from Reuters
