‘There will be no rupture’ in T-MEC, assures AMLO

President Andres Manuel Lopez Obrador stressed this Thursday that “there will be no rupture” in the Mexico-US-Canada trade agreement, the T-MEC, despite his insistence on defending his energy policy.

“There’s no going to be a break, I give it to you, and why? Not just because we’re right, but because it’s not right for us and not just Mexico, it’s not right for the United States,” he said at his morning press conference.

Note also who plans to send a letter to his US counterpart, Joe Biden, to defend the Mexican government’s position on its energy policy, under USMCA.

Lopez Obrador made the announcement after both the United States and Canada, Mexico’s partner in this trade agreement, said they would file complaints against Mexico’s energy policy, as they consider it a violation of the agreement because it limits investment by companies from their countries.

In this regard, Lopez Obrador noted that in his letter to Biden he will argue that – in his view – the T-MEC thinks that each country retains its sovereignty with respect to energy.

“I want to text him to say, ‘Hey, what’s going on?'” Perhaps you have not been informed because you have always told me, and I believe you, that our relationship will be conducted on equal terms and that you respect our sovereignty. Who are making these decisions? I ask you to help us clarify what it is.

At the end of his meeting with the press, he insisted on the issue and confirmed that he would send the message to Biden.

Yesterday, Foreign Minister Marcelo Ebrard said in a video that Mexico is ready to consult with the United States and Canada on this issue.

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Representatives of the two countries note that this Mexican government’s energy decisions are inconsistent with T-MEC because it favors the Federal Electricity Commission (CFE), a state corporation, to the detriment of corporate and private investment.

Lee: AMLO used the court ruling to make sure Mexico isn’t violating T-MEC, but it’s not related to what the US and Canada are claiming

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