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U.S. warns Mexico’s energy sector regulations could run afoul of USMCA

January 15, 2021 at 1:30 PM
Recent regulatory actions in Mexico have created “significant uncertainty” about its energy sector and damaged the investment climate, and they could run afoul of the U.S.-Mexico-Canada Agreement, top U.S. officials this week said in a letter to their Mexican counterparts. Secretary of State Mike Pompeo, Energy Secretary Dan Brouillette and Commerce Secretary Wilbur Ross, in a Jan. 11 letter , cited “reports of a July 22 memo, followed by a September 22 meeting with regulators who were allegedly instructed to...


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