T-MEC: Mexico seeks ‘acceptable’ agreement with the US to avoid energy panel

Mexico seeks to achieve a “mutually acceptable” agreement with the United States to avoid an energy panel, assured the Undersecretary of Foreign Trade of the Ministry of Economy, Alejandro Encinas Nájera.

During the third mid-term meeting of the T-MEC in Toronto, the undersecretary spoke with the US delegation led by Cara Morrowspecial advisor to the United States Trade Representative (USTR), in which crucial issues regarding the implementation of the Agreement between Mexico, the United States and Canada were discussed.

Encinas Nájera reaffirmed Mexico’s will to resolve energy queries through conciliationagreeing to continue working closely to achieve a mutually acceptable agreement.

“The undersecretary highlighted the need to use the MLRR (Rapid Response Labor Mechanism) only in cases where national bodies have been exhausted, so that it contributes to strengthening the confidence and capacities of national institutions.” , said the Ministry of Economy in a statement.

The US calls for more transparency in steel and aluminum exports

Another notable issue was the increase in Mexican exports of steel and aluminum.

In this context, Mexico proposed measures such as identify the origin of products outside the region and the exchange of information between antidumping agencies. In addition, he highlighted the relevance of resuming the North American Steel Conference.

“Mexico warned about the importance of strengthening and making the North American steel and aluminum industries more competitive, for which it proposed a collaboration agenda to identify the origin of these products outside the region,” he said.

Regarding the closures of border bridges due to immigration issues, Mexico expressed its concerns because it affects Mexican producers and American consumers.

“The trade representatives exchanged concerns with the aim of jointly seeking solutions,” he indicated.