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Energy, one of the keys to the new NAFTA to strengthen the entire region

Expanding and complementing the NAFTA energy chapter, which will begin to be renegotiated next week, will benefit the entire region and can be a unifying element, agreed today Experts consulted by Efe.

Mexico, Aug 12 (EFE) .- Expanding and complementing the energy chapter of NAFTA, which will begin to be renegotiated next week, will benefit the entire region and may be an element Unified, agreed experts consulted today by Efe.

The regulation of the energy sector, "if they do it as well as the part of the automotive sector in 1994, and Mexico knows Putting the necessary keys, production will be boosted in the region, and we will be very important, "energy expert Araceli Espinosa told Efe.

Instituto Tecnológico Autónomo de México shares the opinion of the Mexican Minister of Economy, Ildefonso Guajardo, who has emphasized on more than one occasion the importance of The North American Free Trade Agreement (NAFTA).

The trade agreement, which has been in force since 1994 between Canada, Mexico and the United States, will begin Renegotiate this August 16 in Washington D.C., and the talks are expected to be complicated as White House chief Donald Trump believes the pact seriously

For Guajardo, the new NAFTA should consolidate its role in the energy sector.

In this context, still uncertain, the energy chapter can mean this win-win- The "energy supremacy of North America," driving investment, partnership and competitiveness in many industrial products, such as cement or steel, whose cost goes directly Related to the use of energy during its manufacture.

The 1994 agreement contains Chapter VI "Energy and Basic Petrochemicals." But the scope of this was very "limited" Espinosa recalled, since at that time Mexico was not embarked on an energy reform - approved only in 2013 - that opened the oil sector to the private initiative after almost eight Decades of state monopoly.

"There was exchange of infrastructure between Mexico and the United States, but the issue was not addressed with all its implications." Of the treaty, the sector has advanced by leaps and bounds. Satisfied, because of their production have become exporters, and Mexico is a great customer for them, "said the expert.

For the economist Luis de la Calle, who participated in the team Mexican negotiator of NAFTA a quarter of a century ago, Mexico must take advantage of the agreement to strengthen the liberalization of the sector and, ultimately, Competitiveness.

"With cheap, abundant and good quality power, Mexican manufacturing will be even more competitive," he told Efe.

For Espinosa, Energy chapter has to go through maintaining a zero tariff on energy exchange, as it is now, even if it is not written.

While energy reform can To benefit the three parties, Mexico must be "very careful" before the "safeguards" that the northern neighbor may demand, such as eventual control of the importation of Mexican hydrocarbons, Said the expert, who also acknowledged that the Mexican sector is now technologically behind.

In these negotiations, Mexico is "disadvantaged" and should be very Careful, especially in the negotiation of chapters such as that devoted to the settlement of disputes between nations.

This is one of the most controversial points and where the United States Will push for more power in the face of disputes.

In spite of this uncertainty surrounding the start of talks, the reality is that, at least in energy, there are possibilities of To strengthen the treaty and make it a beneficial element for all parties.

"What they are looking for (the United States) is to integrate Mexico and Canada into a Export of hydrocarbons, in order to sell hydrocarbons to Asia in the future, "said Espinosa.

To do this, it will have to improve infrastructure, for example gas pipelines, which interconnects Mexico and the United States. The border requires a presidential permit, "said the economist, who hoped that, with the new treaty, this bureaucracy would be resolved in a" more expeditious "manner.

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