US Trade Representative Katherine Tai said Thursday that some progress had been made on the dispute with Mexico over energy policies, but added that deep-seated concerns persist.
Tai said he was confident that existing dispute resolution mechanisms in the Canada-US-Mexico trade agreement, TMEC, would be effective in resolving the issue.
We recommend: the US will decide whether to open arbitration for Mexico’s energy policy
“If we can’t go any further, the next step in the formal toolkit would be to request a dispute resolution panel,” the US official said during a conference with journalists in Cancun, in the Mexican Caribbean.
Tai spoke to reporters during the annual meeting of the Canada-Mexico-United States Free Trade Commission, TMEC, also attended by the Mexican Secretary of Economy, Raquel Buenrostro, and the Canadian Minister of International Trade, Mary Ng.
Mexico and the United States face another dispute to limit the use of genetically modified (GM) corn.
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The US official indicated that the trade dispute resolution consultations on GM that Washington requested in June began with Mexico last week.
2023-07-06 20:44:13
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