OPINION By ÁLVARO SANTOS Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) was born from a threat and a promise. The threat was to eliminate the North American Free Trade Agreement (NAFTA) altogether despite the huge regional market it helped create. The promise was to make that market more beneficial to the United States, and,
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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OPINION By ANTONIO ORTIZ-MENA Part of an ongoing series from the Wilson Center* It is striking that, more than a quarter century after the North American Free Trade Agreement’s (NAFTA) entry into force, it is still necessary to provide a business case for deeper North American cooperation on economics and beyond, but that is where we are. After the 1989 Canada-U.S.
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By MARK LORENZANA Mexico’s Energy Regulatory Commission (CRE) prevented Spanish energy company Iberdrola from operating a wind farm in the central Mexican state of Guanajuato. Iberdrola had invested a total of $150 million in the wind farm. According to the CRE, its decision to stop the wind farm’s operations stemmed from a breach in permit that originally allowed Iberdrola to
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OPINION By GOLDY HYDER Part of an ongoing series from the Wilson Center* Just like the covid-19 virus, the devastating effects of climate change know no borders. Flooding, forest fires and other extreme weather-related natural disasters are now regularly wreaking havoc on communities across North America. The costs of these catastrophes are measured not only in dollars and pesos, but in
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By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO), in his morning press conference on Monday, June 13, claimed that the price of gasoline is skyrocketing in the United States mainly because the U.S. government has stopped investing in oil due to its preference for electric cars. “The United States has a serious problem because a gallon of gasoline,
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By KELIN DILLON In the recently released 2022 edition of Brand Finance’s Oil & Gas 50, Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) fell from 16th to 20th place in the rankings of the world’s 50 largest oil companies. The drop stems from Pemex’s 6 percent reduction in valuation from 2021 to 2022; while the Pemex brand was valued at
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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