Economics Department, El Colegio de la Frontera Norte
Jorge Eduardo Mendoza Cota, “Implications of Mexico’s Energy Reform on the United States-Mexico-Canada Agreement,” Rice University’s Baker Institute for Public Policy, March 25, 2025, https://doi.org/10.25613/VA54-A391.
The energy sector of Mexico plays an essential role in the country’s economic development and social well-being. The recent changes in its energy policies seek to achieve energy autonomy and will have significant implications for the sector’s future, particularly within the context of the United States-Mexico-Canada Agreement (USMCA). This research paper analyzes the possible impacts of these changes on Mexico’s energy sector, considering the regulations of the USMCA. Additionally, the concept of energy sovereignty — or the right of a country to make decisions about its own energy resources — is used to assess the advantages and disadvantages of this new strategy. Among the positive impacts, better management of energy prices and a reduced external impact of energy trade are highlighted. However, the challenges associated with the pursuit of energy self-sufficiency are also addressed. The resulting uncertainty could negatively affect the new investments and technology required to strengthen Mexico’s energy sector.
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