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Policy & Regulation

EU ups pressure on Mexico for energy liberalisation

The EU wants Mexico to further liberalise its energy sector as a precondition to signing a new free-trade agreement The EU wants Mexico to further liberalise its energy sector as a precondition to signing a new free-trade agreement.
By Andreas Walstad 10 April 2017 Europe & Russia / Policy & Regulation 0 25427
Manzanillo terminal. Under the current agreement, LNG re-exports to Europe are not possible. (Samsung C&T)

The third round of trade negotiations between the European Commission and Mexico ended in Brussels on Friday, and the EU says it is hopeful a new free-trade agreement (FTA) can be concluded before the end of the year.

But before a deal is signed, the EU wants Mexico to improve access to gas and power grids for European companies and abolish restrictions on energy exports.

"That is part of the discussion. We would like to lock in […] the gains and the openness...