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U S Trade Rep Tai says progress made on Mexico energy issues, concerns remain

U S Trade Rep Tai says progress made on Mexico energy issues, concerns remain

MEXICO CITY (Reuters) -The U.S. sees some progress made on an energy dispute with Mexico, although "deep-seated" concerns persist, U.S. Trade Representative Katherine Tai said on Thursday shortly before talks in Mexico with top Mexican and Canadian trade officials.

U S Trade Rep Tai says progress made on Mexico energy issues, concerns remain

MEXICO CITY (Reuters) -The U.S. sees some progress on an energy dispute with Mexico, although "deep-seated" concerns persist, U.S. Trade Representative Katherine Tai said on Thursday shortly before talks in Mexico with top Mexican and Canadian trade officials. The U.S. and Canada demanded dispute settlement talks over energy with Mexico in July 2022, arguing that Mexico's nationalist energy policies, which have tightened state control over the energy market, were discriminatory to U.S. companies. Tai said she was confident that existing dispute resolution mechanisms under a North American trade deal, known in the U.S. as USMCA, would be effective in resolving the energy issue.

US trade rep flags major concerns on energy heading into Mexico talks

The U.S. and Canada demanded dispute settlement talks over energy with Mexico in July 2022, arguing that Mexico's nationalist energy policies, which have tightened state control over the energy market, were discriminatory to U.S. companies. Tai said she was confident that existing dispute resolution mechanisms under a North American trade deal, known in the U.S. as the USMCA, would be effective in resolving the energy issue.

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