President Joe Biden’s top trade negotiator said that the U.S. has “real concerns” about Mexican President Andres Manuel Lopez Obrador’s energy policy and will look for avenues to address them.
The American and Canadian energy industries say the leader known as AMLO is discriminating against foreign companies with changes to electricity and hydrocarbons laws. His administration has sought to roll back the 2013-2014 reforms that opened Mexico to private drilling, working to return much of the sector to state-owned crude producer Petroleos Mexicanos and electric utility Comision Federal de Electricidad.
