Mexico's left-wing President Lopez Obrador said at a regular press conference on the 20th of July that the United States was complaining about the energy policy promoted by the government. I haven't done that. "
The US Trade Representative (USTR) has requested the Mexican government to discuss dispute resolution under the US-Mexico-Canada Agreement (USMCA). The problem is that US companies are being hurt by the preferential treatment of Mexico's state-owned power company CFE and state-owned oil Pemex. Canada has also stated that it supports the request of the United States.
In response, Lopez Obrador argued that his energy policy did not violate the USMCA. He promised to answer US complaints "on a point-by-point" basis, but "we are acting in the public interest, protecting the public from greedy businesses that are good at stealing (wealth). I have. "
Regarding Mr. Lopez Obrador's energy policy, there are concerns from overseas that he is strengthening the power of state-owned enterprises at the expense of private investors. Lopez Obrador argues that the measures taken by the Mexican government are for the benefit of consumers, but criticisms have been raised that they are causing harmful effects such as increased costs and restraint of investment.
Lopez Obrador argued that the USTR's request for consultation was actually more of an "anti-leftist" opposition than a concern for the United States.
Opposition to Lopez Obrador has also advocated strengthening renewable energy businesses, arguing that renewable energy companies are being penalized by the government's Pemex and CFE preferential treatment. "There is no reason to use clean energy to help your dirty business," he said.
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