(Provides particulars from USTR assertion)
MEXICO CITY, Could 17 (Reuters) – The US and Canada urged Mexico to respect international investments throughout commerce discussions on Monday, officers stated, whereas Washington additionally raised points over Mexican farm produce.
The talks got here at first of the primary assembly of the United States-Mexico-Canada Settlement (USMCA) Free Commerce Fee, which facilities on the commerce accord that final 12 months changed the North American Free Commerce Settlement (USMCA).
Digital talks had been held bilaterally between Mexican Financial system Minister Tatiana Clouthier and her counterparts U.S. Commerce Consultant Katherine Tai and Mary Ng, Canada’s Minister of Small Enterprise, Export Promotion and Worldwide Commerce.
The Mexican Financial system Ministry stated Clouthier and Tai mentioned auto sector guidelines of origin, Mexico’s labor market reform, collaboration on environmental points and ongoing U.S. probes into Mexican agricultural merchandise.
In a press release, Tai’s workplace stated the agricultural points spanned science and risk-based regulation and biotechnology merchandise in Mexico, in addition to entry to U.S. potatoes.
Talks touched on facilitating commerce and Mexico’s pledge to uphold employees’ rights underneath its labor reform, it added.
Tai additionally pressed for Mexican power coverage that “respects U.S. funding” and is in step with local weather change objectives.
President Andres Manuel Lopez Obrador has upset enterprise teams and a number of other of Mexico’s prime commerce companions by attempting to renegotiate power contracts awarded underneath his predecessors that he says had been skewed in favor of the non-public sector.
Individually, Ng underlined Canada’s dedication to working with Mexico to handle commerce and funding points, together with auto guidelines of origin, and to supporting Mexico’s efforts to enact its labor reform, her workplace stated in a press release.
“She additionally reiterated Canada’s issues in regards to the present funding local weather in Mexico, particularly in its mining and power sectors,” the assertion stated. (Reporting by Daina Beth Solomon in Mexico Metropolis, David Lawder in Washington and David Ljunggren in Ottawa; modifying by Richard Pullin)