The Ministry of Economy informed that it will coordinate Mexico‘s energy policy consultations with the United States and Canada in the framework of the USMCA. Since December 2018, according to the U.S. and Canadian governments’ arguments raised on Wednesday, Mexico has pursued an energy policy focused on restoring
The Chicoasén II hydroelectric plant, located in Chiapas, Mexico, contemplates an investment of 414 million dollars and will start operating in 2025, informed the Federal Electricity Commission (CFE). The project is financed by Pidiregas, a generic term used to refer to public works projects financed by the private
Mexican President Andrés Manuel López Obrador mocked on Wednesday the start of the process of an energy controversy in the framework of the Treaty between Mexico, the United States and Canada (USMCA). «Oops, how scary,» exclaimed López Obrador during a press conference, using the lyrics of a song
Provisions in Mexico‘s Electricity Industry Law violate the Treaty between Mexico, the United States and Canada (USMCA), argued the US government. This assertion was included by the White House Trade Representation (USTR) in its request for consultations to raise a dispute settlement panel under the USMCA. In March
The U.S. Chamber of Commerce (USCC) has approved the initiation of a dispute settlement panel process with Mexico under the USMCA in a case involving the energy industry. «The Chamber applauds this important step to address the troubling measures Mexico is advancing in its energy sector that, in
The United States included the deferral of the obligation to supply ultra-low sulfur diesel only to Pemex in the initiation of a dispute settlement panel proceeding against Mexico under the Mexico-U.S.-Canada Agreement (USMCA). In December 2019, Mexico’s Energy Regulatory Commission (CRE) issued a regulation granting only Pemex a