Policy & Regulation

Energy export ban still blocks EU-Mexico FTA

The European Commission wants to finalise a new free-trade agreement with Mexico, but Mexico’s export restrictions on oil and gas remain a problem The European Commission wants to finalise a new free-trade agreement with Mexico, but Mexico’s export restrictions on oil and gas remain a problem.
By Andreas Walstad 13 October 2017 0 27958
The Manzanillo LNG terminal. The Manzanillo LNG terminal. The FTA could lead to re-exports of LNG from Mexico to the EU. (Samsung C&T)

The successful negotiation of a new free-trade agreement (FTA) between Mexico and the EU will require the Latin American country to lift its energy export restrictions, potentially paving the way for LNG exports and re-exports in the future.

Mexico’s restrictions on energy exports remain one of the key obstacles to finalising the new FTA, according to EU officials. 

The fifth round of negotiations between the trading partners took place in Brussels in late September, with meetings spilling over into early October. Although progress was made, “a number...