The governments of UNITED STATES And Canada share the issues related to reforms in the sectors energetic And miner in Mexicoannounced on Tuesday Global Affairs Canada in a press release.
Global Affairs Canada is the department of the Government of Canada that administers Canada’s diplomatic and consular relations, promotes Canadian international trade, and leads Canada’s international development and humanitarian assistance.
These challenges were discussed at a meeting in Ottawa between marie ngMinister of International Trade, Export Promotion, Small Business and Economic Development of CanadaAnd Katherine Taisales representative of UNITED STATES.
ng And Thai They stressed the importance of their two countries working together with Mexico to strengthen competitiveness throughout North America.
“To do this, they talked about continuing to work together to address common challenges related to reforms in Mexico’s energy and mining sectors, as well as not taking actions that undermine mutual prosperity,” the statement said.
Mexico has made legislative changes to strengthen Petroleos of Mexico (Pemex) Yet the Federal Electricity Commission (CFE) and has limited to some extent the participation of private companies in the energy sector, while a reform of the mining sector approved by the Chamber of Deputies is under consideration in the Senate, which reduces the duration of the concession of mines and increases the contributions of mining companies, among other aspects.
They also discussed the importance of maintaining rules-based trade, supported by both the implementation of the treaty between Mexico, the United States and Canada (USMCA), as well as a strong multilateral trading system supported by the World Trade Organization (WTO).
Common goals between the United States and Canada
On another side, ng thanked Thai continued US support for Canada’s participation in the Indo-Pacific Economic Framework for Prosperity (IPEF), noting the benefits of Canadian participation and recognizing the need for consensus.
Tai acknowledged that Canada and the United States are well positioned to work together to advance common goals in the region, and highlighted the continued progress toward expanding IPEF membership as part of a consensus-based process.
The pair discussed other issues related to the Canada-U.S. trade relationship, such as ‘unjustified’ U.S. tariffs on Canadian lumber and expanded Buy America provisions, according to the Canadian government.
“Ng noted that these measures harm workers in both countries and affect the resilience of integrated supply chains,” the statement said.
roberto.morales@eleconomista.mx
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