EFE.- The United States will decide in the coming days whether or not to open arbitration in Mexico over its energy policy, a decision it will take based on the outcome of the Summit of North American Leaders to be held this Tuesday in Mexico City.
The United States and Canada have opened a round of consultations under the TMEC free trade agreement believing that Mexico is discriminating against its energy companies, the next step of which would be to open a panel that could lead to penalties.
“The consultations clarified the nature of our concerns and identified possible ways forward. We will make decisions on next steps based on how things develop here,” White House national security adviser Jake Sullivan told reporters in Mexico City.
The official assured that this issue is “a key element” of the agenda that the President of the United States, Joe Biden, will discuss with his Mexican counterpart, Andrés Manuel López Obrador.
Sullivan declined to elaborate on the matter because he considered it to be “sensitive conversations” best handled “in camera”.
Biden’s national security adviser has recently been in contact with US energy companies as well as Democratic and Republican members of the US Congress to address this issue.
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Mexico has been called for consultations by the United States and Canada following the proposal for constitutional reform on energy issues promoted by Mexican President Andrés Manuel López Obrador, which aimed to prioritize the Federal Commission of electricity (CFE) on investments and which was finally canceled by Congress.
Biden and Canadian Prime Minister Justin Trudeau, who will also be at the summit, face domestic pressure to persuade López Obrador to change his energy policy.
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