AMLO promises to receive Canadian investors unhappy with Mexican politics | Justin Trudeau | Canada | Andrés Manuel López Obrador | WORLD

The president of Mexico, Andrés Manuel López Obradorsaid Wednesday that he would receive Canadian companies that complain about certain policies of his administration, notably on electricity and mining, after meeting in the Mexican capital with the prime minister of Canada, Justin Trudeau.

Canadian companies have denounced the changes in the rules of the government's game since López Obrador presided over it and Ottawa began consultations with Washington in July on his administration's energy policy, within the framework of the North American trade agreement, TMEC.

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I made a commitment to Prime Minister Trudeau to receive companies that may have outstanding problems, a certain disagreement with the attitude of our Government; we are always open to dialogue“, declared the Mexican president at the start of their bilateral meeting.

Three days before traveling to this Latin American country, where he participated on Tuesday in a North American Leaders Summit in which the American was also Joe BidenThe Canadian Prime Minister told Reuters on Friday that he expected progress in the energy conflict at the trilateral meeting.

Since coming to power in 2018, López Obrador has promoted legal changes in favor of the state-owned company Federal Electricity Commission (CFE), which gives it a preponderance over foreign and renewable energy companies, some of which are Canadian.

We talked about the companies that operate in the electrical sector, we also seek to resolve the problems, the differences that logically arise when it comes to these economic and commercial relations.», added the president on Wednesday.

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In the mining sector, Canadian company First Majestic reported in 2021 that it had requested international arbitration against Mexico over a protracted tax dispute, in which local authorities were seeking to recover approximately $500 million from it for an alleged tax debt.

In addition, López Obrador also said he discussed with Trudeau an already announced investment by the Canadian company TC Energy to build a gas pipeline that will supply gas to the southeast of the country.

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