North American Trade Deal Limits Changes to Mexico's Energy Policies

摘要

Under the United States-Mexico-Canada Agreement (USMCA), Mexican President Andres Manuel Lopez Obrador would not be able to roll back the 2013 reforms to the country's energy law permitting foreign investment in the industry, according to a report from the Center for the United States and Mexico at Rice University's Baker Institute for Public Policy.Lopez Obrador, who assumed office Dec. 1, 2018, distrusts the energy overhaul, said David Gantz, the Will Clayton Fellow in Trade and International Economics at the Baker Institute.Gantz's paper, "The United States-Mexico-Canada Agreement: Energy Production and Policies," focuses on challenges posed by the energy reforms undertaken by the previous administration of Enrique Pena Nieto; the limitations the USMCA imposes on changes to Mexico's energy policies, such as restricting investment in the sector; other USMCA provisions that could affect energy; and a critique of Lopez Obrador's early energy-related policy decisions.