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October 6, 2022
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The T-MEC energy negotiation goes into overtime

The T-MEC energy negotiation goes into overtime

“That you have a slightly more controlled environment and little external ‘noise’ can make a more efficient negotiation. That, by process”, considered Turenna Ramírez.

“It is a common process that it is like this, behind closed doors, because the energy issue has been too much in the media, it has been a highly debatable and very controversial issue,” he added.

Possibility of agreement

If an agreement is not reached during the consultation period, a panel of experts will be formed to analyze the issue, listen to the arguments of the business partners and issue a ruling to find out who is right.

However, the consulted analysts agreed, it is better to resolve the differences without the need for the panel.

“There is the best intention of the three countries to reach an agreement,” said Ruiz del Comce. “For the best interest of the three countries, especially Mexico, this should be resolved in a negotiation platform,” added Ramírez Ortiz.

However, the United States trade representative, Katherine Tai, has said that if her country sees that there is no longer any progress in the negotiations, they have the right to request the panel of experts.



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