Mexico eyes possible energy dispute fix, welcomes new U.S. 'tone'

Record ID: 1688763

  • Title: Mexico eyes possible energy dispute fix, welcomes new U.S. 'tone'
  • Date: 13th September 2022
  • Summary: MEXICO CITY, MEXICO (SEPTEMBER 12, 2022) (REUTERS) ***WARNING: CONTAINS FLASH PHOTOGRAPHY*** UNITED STATES AND MEXICAN GOVERNMENT OFFICIALS POSING FOR PHOTOGRAPHS U.S. SECRETARY OF STATE, ANTONY BLINKEN SMILING BLINKEN TALKING TO MEXICAN FOREIGN MINISTER, MARCELO EBRARD U.S. AND MEXICAN OFFICIALS TAKING SEATS ON PANEL (SOUNDBITE) (Spanish) MEXICAN FOREIGN MINISTER, MARCELO EBRARD, SAYING: “Consultations are part of a previously established process. They give us predictability, they allow us to have a mechanism to solve our difference, this one or any that might come up. It was good to foresee it in that manner. That wasn't the purpose of the meeting today, because as we know that's in a process of dialogue and I would hope that an agreement will be reached at some point.” OFFICIALS SITTING ON PANEL (SOUNDBITE) (English) U.S. SECRETARY OF STATE, ANTONY BLINKEN, SAYING: “I think it's evident from the conversations that we had today as well as those that we have been doing over many months that we see, the United States and Mexico see, a shared opportunity to build an energy future that advances our climate goals, that advances sustainable growth and that creates new opportunities.” JOURNALISTS WATCHING NEWS CONFERENCE (SOUNDBITE) (English) U.S. SECRETARY, GINA RAIMONDO, SAYING: “In China and Taiwan the testing packaging and assembling industry for semiconductors is a 60 billion dollar industry, in North America it’s 3 billion dollars, so there´s a huge opportunity for growth in North America and job creation just in the semiconductor supply chain and as we discussed today that doesn´t even include the jobs for printed circuit boards, printers, computers, so, we´re really very excited about the opportunities for job creation in Mexico and in the United States.” GOVERNMENT OFFICIALS LISTENING TO JOURNALIST ASKING QUESTION (SOUNDBITE) (Spanish) MEXICAN FOREIGN MINISTER, MARCELO EBRARD, SAYING: “For Mexico, this means jobs, integration, future, perhaps we think Mexico could grow double of what its currently growing with what was proposed to us today. This means we can diminish poverty faster, that they country's infrastructure can grow a lot faster.” MEXICO AND U.S. GOVERNMENT OFFICIALS SITTING ON PANEL VARIOUS OF OFFICIALS LEAVING EVENT
  • Embargoed: 27th September 2022 04:01
  • Keywords: Antony Blinken Marcelo Ebrard Mexico Scretary of State United States
  • Location: MEXICO CITY, MEXICO
  • City: MEXICO CITY, MEXICO
  • Country: Mexico
  • Topics: Asylum/Immigration/Refugees,South America / Central America,Government/Politics
  • Reuters ID: LVA001486113092022RP1
  • Aspect Ratio: 16:9
  • Story Text: Mexico on Monday (September 12) voiced hope it could work out a major dispute with the United States over energy policy as it welcomed a top U.S. delegation.
    U.S. officials led by Secretary of State Antony Blinken, visited Mexico to mark the annual so-called High-Level Economic Dialogue (HLED), which both sides hailed as a pathway toward deepening economic ties.
    Mexico's foreign minister said the talks enable the two states to have a mechanism to solve their differences.
    "[Finding a solution] wasn't the purpose of the meeting today, because as we know that's in a process of dialogue and I would hope that an agreement will be reached at some point," Marcelo Ebrard told a news conference.
    Echoing Ebrard's optimism at reaching a joint-solution, Blinken said, “[We] see a shared opportunity to build an energy future that advances our climate goals, that advances sustainable growth and that creates new opportunities.”
    The energy row broke in July, when the U.S. government demanded dispute settlement talks, arguing Mexican President Lopez Obrador's drive to tighten state control of the energy market was unfair to U.S. companies and likely breached a regional trade deal.
    The energy complaint, which Canada immediately joined, is arguably the biggest dispute to surface under the United States-Mexico-Canada Agreement (USMCA) since the North American trade deal came into effect in 2020. If unresolved, it could lead to the imposition of hefty trade tariffs against Mexico.
    (Production: Alberto Fajardo, Rodolfo Penaroja, Nina Lopez)
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2022. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
Register