President Andrés Manuel López Obrador agreed this Wednesday with the Prime Minister of Canada, Justin Trudeau, to grant a hearing to companies in his country that consider themselves wronged by the reform of the electricity sector that benefits Petróleos Mexicanos ( Pemex) and the Federal Electricity Commission (CFE) above foreign companies.
In a message ahead of the bilateral meeting between the two presidents, López Obrador said his administration was trying to resolve any disagreements its policies in the sector have sparked among businessmen in the United States and Canada.
This dispute is currently in the consultation period under the TMEC and was considered deadlocked prior to the meeting of the three North American leaders.
“We talked about companies that operate in the electricity sector, we seek to solve problems, differences that logically arise with regard to these economic relations and especially in times of boom, because Canadian investments in Mexico increase like never before.
“There are topics to discuss and I have made a commitment to receive companies that may have outstanding issues, some disagreement with the attitude of our government, we are always open to dialogue,” said the federal president to his counterpart.
Before coming to Mexico, Trudeau expressed the need to reiterate to López Obrador the need to respect the agreements signed under the Trade Agreement between Mexico, the United States and Canada (TMEC) in energy matters.
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This issue was marginalized from the agendas of the three presidents during the North American Leaders’ Summit held yesterday at the National Palace.
“We had time to talk about topics of interest to our peoples, the peoples of Canada and Mexico, and we discussed economic issues related to investments by Canadian companies in Mexico, mining companies, major companies like TransCanada who is investing to build a gas pipeline in the Gulf of Mexico, it’s a big investment and it’s very important because it will mean supplying gas to southeastern Mexico,” said the man from Tabasco.
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