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Former Mexican NAFTA negotiator: López Obrador’s electricity legislation violates USMCA

February 9, 2021 at 4:50 PM
Mexican President Andrés Manuel López Obrador’s proposal to favor a state-owned electricity company over privately run plants violates the tenets of the U.S.-Mexico-Canada Agreement, Kenneth Smith Ramos, a former trade negotiator for the country, said over the weekend. The López Obrador administration last week introduced legislation in the Chamber of Deputies that would favor government plants run by the Federal Electricity Commission (CFE) by making them the first in line to provide the country power before the government turns to...

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