State Monopolies Go First

Mexico Matters

In this episode, Mariana Campero speaks with Secretary Ildefonso Guajardo, former lead negotiator for Mexico of the new USMCA free trade agreement and a current member of Mexico’s lower house of Congress for the PRI party. They discuss the trade dispute with Mexico over the country’s energy policies which restrict market access and favor two state own enterprises. CFE, the state run utility and Pemex, the oil company. To also focus on how these policies have not only undermined private companies that have poured billions into the sector, but how they have also damaged North America’s energy security and its ability to produce competitive, abundant and clean electricity.