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Tuesday, November 5, 2024

Mexican constitutional reforms prompt concern from Congressman Adrian Smith

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Rep. Adrian Smith, U.S. Representative for Nebraska's 3rd District | Twitter Website

Rep. Adrian Smith, U.S. Representative for Nebraska's 3rd District | Twitter Website

Congressman Adrian Smith from Nebraska has expressed concerns following the Mexican Senate's approval of constitutional reforms affecting strategic state industries and enterprises. The legislation, which had previously passed in Mexico's lower house, prioritizes state-owned electric utilities in the market.

Smith criticized the Biden-Harris administration for what he perceives as a lack of action regarding Mexico's adherence to its commitments under the United States-Mexico-Canada Agreement (USMCA). "For years, the Biden-Harris administration has largely stood by as Mexico’s disregard for its USMCA commitments places American workers at risk," Smith stated. He noted that these constitutional changes introduce new challenges to USMCA compliance that were not anticipated when the agreement was enacted.

Smith highlighted ongoing issues in bilateral trade relations and urged more active engagement with stakeholders and Mexican leaders. "I am disappointed by this administration’s lack of urgency and cooperation in defending the integrity of USMCA," he said. He emphasized that failing to enforce agreements and lacking a long-term strategy destabilizes the regulatory environment, weakens competitiveness, and puts American industry at risk.

The congressman also pointed out that with a review of USMCA scheduled for 2026, it is crucial to strengthen ties with Mexico, one of the United States' closest trading partners.

In September, Smith led a bipartisan group in sending a letter to U.S. Trade Representative Katherine Tai. The letter raised concerns about proposals related to electricity, mining, genetically modified corn, and regulatory bodies being considered by the Mexican government.

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