Canadian Trade Minister Mary Ng and the representative US Sales, Katherine Taispoke on Tuesday about working together to deal with the “Common Challenges” on Energy and Mining Sector Reforms in Mexicoaccording to a press release from the Canadian ministry.

In a meeting, ng and tai they also discussed trade issues between Canada and the United Statesincluding the duty on Canadian softwood lumber and US policy provisions Buy America, according to the statement.

We recommend you : Canada asks Mexico for explanation on mining law

Last Tuesday, April 25, Mary Ng, Canadian Minister for International Trade, asked Secretary Raquel Buenrostro, head of the Ministry of Economy, for explanations on the reforms of the mining law, proposed by the government of Andres Manuel Lopez Obrador.

In a statement released by the Canadian minister, it was reported that Canada said it was “concerned” for these reforms, since could affect Canadian investment in the Mexican mining sector and that in addition the modification of the laws could have a “potential” impact on North American competitiveness.

“The importance of conducting broad and transparent consultations with all interested parties on the proposed reforms was reiterated, including Canadian companies, which represent the largest group of foreign investors in the mining sector in Mexico”, reported Minister Ng.

The official reiterated the important contributions of Canadian mining companies to the Mexican economy and highlighted the need for Canada and Mexico to work even more closely Given the the importance of mining for the green economy of the future.

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Mary Ng urged Mexico to make sure you maintain the spirit of ccommitments assumed for the Leaders at the North American Leaders Summit and USMCA Commitments.

With the reform, the duration of the mining concessions it goes from fifty to thirty years, of which five will be devoted to exploration or pre-operational activities. The concessions can be extended once for a period of 25 years, as long as they have not incurred the causes of cancellation.

|| With information from Diego Aguilar ||