EconomyLAST MINUTE: Tatiana Clouthier assures that Mexico is in...

LAST MINUTE: Tatiana Clouthier assures that Mexico is in the energy transition, but that it cannot go at the same speed as the US.

The Secretary of the Economy, Tatiana Clouthier , said on Tuesday that Mexico is already on the wave of the energy transition . However, he specified that the speed at which it is carried out cannot be the same as in the United States.

The official explained that in Sonora there is already talk of an exponential growth of solar panels not only to power the state, but for other regions, as well as on gas issues: “We are already hearing more and more from the president talking about the energy transition. The road goes there”, declared Clouthier at the first binational convention of the American Society of Mexico.

She added that, from the portfolio that she heads, they are working on an electromobility project.

Despite the work being done in Mexico, Tatiana Clouthier pointed out that the speed of the energy transition in Mexico cannot be the same as that of the United States: “We produce a certain amount of CO2 and the speed at which we can be walking cannot be the same that they are requesting from us”.

Regarding the consultations on energy matters requested by the United States and Canada, Clouthier said that it is expected to find “the greatest point of solutions (…) the consultations have an important topic, they are private and they remain private.”

A few weeks ago, President Andrés Manuel López Obrador said that he will speak about the energy consultations on September 16.

During his participation in the event of the American Society of Mexico, Clouthier reiterated that the decision of the panel of specialists regarding the interpretation of the rules of origin is expected to be known by the end of November.

Once the arbitration group resolves, “the decisions that will have to be made based on the rules that are written will be made,” he said.

Tatiana Clouthier also spoke about the border crossing in Texas, which was interrupted by an order from Governor Greg Abbott, who argued for security reasons.

In that sense, he said, the infrastructure along the border must be diversified so as not to have “all the eggs in one basket.”

He explained that the Mexican government is working, together with its US counterpart, to strengthen various border crossings. He added that “important investments are being made in border crossings such as Otay 1 and Otay 2 in Baja California, as well as in various crossings in Sonora and Chihuahua” and we are going for one more with New Mexico.

After his participation in the Nearshoring panel: a unique opportunity for Mexico , Francisco Cervantes, president of the Business Coordinating Council (CCE), announced that from Wednesday to Friday of this week a forum will be held in Veracruz where they will talk about energy issues.

He announced that representatives of the business sector will be present, who have a special interest in hydrocarbons on Thursday and natural gas on Friday.

LAST MINUTE: The CFE lost an arbitration against the Canadian ATCO and paid 85...

The International Court of Arbitration in London would have ruled in favor of the Canadian company in October of last year. The state has not made the process public.

Technology was a "lifesaver" in the face of the pandemic, says Tatiana Clouthier

The Secretary of Economy points out that the dependency under her charge has digital platforms aimed at export, investment and other commercial disciplines.

Very soon Mexico could play a relevant role in this industry on which the...

The Semiconductor Industry Association of the United States has turned its attention to Mexico so that it becomes part of the production chain.

The shelters become the last resort to define the electricity policy

The appeals filed before competing judges have slowed down the changes in electrical matters. For this reason, they will continue to be the option after being dismissed by the Court, say lawyers in the sector.

Lithium batteries will be key to be in the Top 10 of car production

Mexico is today the seventh largest vehicle manufacturer globally, but to maintain this status, it is necessary to detonate a lithium battery production chain.

More