US Requires Mexico to “Fully” Comply with T-MEC; highlights the issue of energy

UNITED STATES underlined on Thursday the importance of Mexico respect “fully” commitments with him trade treaty Mexico, United States and Canada (USMCA), including those related to certain energy measurements of the Latin American country.

WE And Canada met in July 2022 to open a series of consultations to determine whether the energetic policy of Mexicowhich gives priority to state-owned enterprises, discriminates against American and Canadian companies.

In a statement from the Office of the Trade Representative of WEreleased this Thursday, it was noted that the U.S. Trade Representative, Katherine Taiand the head of the Ministry of Economy (SE) of Mexico, Raquel Buenrostroheld a bilateral meeting this Thursday in the city of Cancun, in the Mexican Caribbean.

In this meeting, Thai stressed the importance of Mexicofully respect its commitments” with him USMCAincluding those related to certain energy measurementsenforcement of its environmental laws related to fisheries and biotechnology measures.

The president of Mexico, Andrés Manuel López Obrador, pointed out two weeks ago that he would ban the import of transgenic maize into his country despite protests from WE.

Thai also expressed concern about “regulatory uncertainty facing U.S. electronic payment service providers in Mexicoand by the Mexican Spectrum Fee Methodology.

The meeting this Thursday between Thai And Pretty face was given before the third meeting of the Free Trade Commission (CLC) of the USMCA at which the two are quoted with the Canadian Minister of Commerce, Mary Ng.

During the appointment, Thai And Pretty face They also agreed to continue working together to strengthen the economic relationship Mexicoeither-UNITED STATES and stressed the importance of fully implementing the USMCA.

Themes of the Tai encounter with Buenrostro

During this meeting, they will review the progress of the implementation of the T-MEC, which came into effect in July 2020. Their visit also aims to “consolidate North America as a be of his people and the planet,” he added. Salazar.

But the meeting, which will be private, without access to the media and with details still unknown, will be framed by the commercial disputes open within the T-MEC, in particular by the energy policies and against Mexican President Andrés Manuel López Obrador’s transgenic corn.

Joe Biden’s government last month asked that of Mexico to review the alleged violation of labor rights and freedom of association at a textile factory in Aguascalientes and a mine in Zacatecas, saying it violates the T-MEC commitments.

Furthermore, López Obrador remarked two weeks ago that he would ban the import of transgenic maize into his country despite protest from the United States.

Since the start of the treaty in 2020, at least 17 trade disputes have been opened.

The United States and Canada met in July 2022 to open a series of consultations to determine whether Mexico’s energy policy, which prioritizes state-owned companies, discriminates against American and Canadian companies.

While Mexico and Canada have jointly denounced the formula used by the United States to determine whether a vehicle has enough North American-made components.

Context

Consideration of major disputes over Mexico’s GM corn and energy policies, as well as Canada’s access to dairy products, has been omitted, a senior official with the Office of the Trade Representative told the agency. US Reuters (USTR) press release.

The annual meeting is one of the T-MEC agreements, as it aims to be able to discuss matters related to the trade pact.

The challenged could go so far as to apply punitive import duties from the United States. These issues are resolved under T-MEC’s ​​dispute resolution rules. It covers topics such as U.S. complaints about Mexican policies to limit the use of GM corn imported from the U.S., and about Canada’s allocation of import quotas for dairy products. that U.S. officials say are hurting U.S. producers. There is also the issue of energy conflicts.

With information from EFE

Theodore Davis

"Entrepreneur. Amateur gamer. Zombie advocate. Infuriatingly humble communicator. Proud reader."

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