The United States Chamber of Commerce (USCCfor its acronym in English) welcomed the decision of the US government to initiate consultations for the resolution of controversies with Mexico under the Treaty between Mexico, the United States and Canada (T-MEC) in connection with certain Mexican energy policies.
“The Chamber applauds this important step to address the worrying measures that Mexico is advancing in its energy sector and that, in our opinion, violate the country’s commitments under the T-MEC”, said the senior vice president for the Americas of the USCC, Neil Herrington.
The United States began the process to raise a dispute resolution panel against Mexico within the framework of the T-MEC, arguing discriminatory policies in favor of Pemex and the Federal Electricity Commission (CFE).
“We have repeatedly expressed our concerns with the direction of these policies, which have unfairly harmed American businesses and are at odds with our common goals of reliable energy generation, sustainable growth, and lasting economic recovery,” the USCC said in a statement. press.
Last week, the US Chamber co-hosted the 12th US-Mexico CEOs Dialogue, which brought together business and government leaders to discuss the challenges and opportunities of the bilateral relationship.
“The CEOs expressed their concern about the investment climate in Mexico and asked the Mexican government to maintain its commitments to the T-MEC, particularly in terms of energy,” the USCC added.
The United States Trade Representative, Katherine Tai, announced that the consultations are related to certain measures by Mexico that harm US companies and the energy produced in the United States in favor of the CFE and Pemex.
“We appreciate the Biden Administration’s attention to these important issues, and we are committed to working with both governments to successfully address them and ensure that North America is the most dynamic and competitive region in the world,” said Neil Herrington.
