Energy trade and investment were largely absent from the North American Free Trade Agreement (NAFTA) when it went into effect in 1994. Nevertheless, the North American energy landscape has shifted dramatically over the past two decades. The U.S. shale revolution has certainly been an important catalyst, but so has the increasing interconnectedness between Canada, the U.S. and Mexico, as well as energy reform in Mexico that is leading to increased private participation in its oil, natural gas and electric sectors. The North American energy landscape is now characterized by significant abundance — a reality undreamed of when NAFTA was originally signed — providing tangible energy security benefits for all North American economies. NAFTA renegotiations are currently underway, and energy stands to play a very different role in the treaty's future.
At this event, Karen Antebi, economic counselor for the Trade and NAFTA Office at the Embassy of Mexico in Washington, D.C., examined the latest developments in the ongoing NAFTA negotiations, including potential new provisions for the energy sector. A panel of experts also provided perspectives from Canada, the U.S. and Mexico on the drivers of growing cross-border energy trade and investment within North America, and how this could be enhanced or inhibited by the potential outcomes of the NAFTA negotiations.
This event is co-sponsored by the Baker Institute Center for Energy Studies and Mexico Center, and by the Trade Leadership Coalition. Follow @BakerInstitute on Twitter and join the conversation with #BakerNAFTA.
8:30 am — Registration and continental breakfast
9:00 am — Presentation
Economic Counselor, Trade and NAFTA Office, Embassy of Mexico in Washington, D.C.
Energy Counselor, Embassy of Canada in Washington, D.C.
Maryam Sabbaghian Brown
Vice President of Federal Government Affairs, Sempra Energy
Moderated by Francisco J. Monaldi, Ph.D., Fellow in Latin American Energy Policy, Baker Institute