Mexico tells US it wants to keep talking on trade disputes
Mexico's economy secretary has proposed yet another round of talks with the United States on a dispute over Mexico's energy sector
By AP News
Published - Dec 01, 2022, 10:07 PM ET
Last Updated - Jun 23, 2023, 08:56 AM EDT
MEXICO CITY (AP) — Mexico’s economy secretary on Thursday proposed yet another round of talks with the United States on a dispute over Mexico’s energy sector.
Mexico hopes to stave off a full-fledged trade complaint under the U.s.-Mexico-Canada trade agreement.
The U.S. initially requested talks in July, but they have so far not led to any solution. The United States could demand an arbitration panel, and the dispute could end in trade sanctions on Mexico.
The United States says Mexico is unfairly favoring its state-owned electricity and oil companies over American competitors and clean-energy suppliers. Canada has also joined in that complaint.