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
The United States Trade Representative (USTR) argued that Mexico is blocking the renewable energy operations of U.S. companies. This point was included as part of its submissions to request consultations as part of the process to initiate a dispute settlement panel under the Mexico-U.S.-Canada Agreement (USMCA) in a
Together, the industrial and commercial sectors account for 72% of Mexico‘s electricity demand, in a context of new energy policies. According to a report by the U.S. Department of Commerce, industrial manufacturing, operations and commercial activities have been affected by high electricity rates. In the wholesale electricity market,