THE GOVERNMENT OF THE 4T is divided on the position to be adopted against the United States in the consultations to avoid an energy panel in the TMEC.
In a corner are the Secretaries of Economy and Foreign Affairs, that they are going to do everything to save time and not go to that extreme because they take it for granted that the sanctions on Mexican exports are insurmountable.
In the other corner, where the creed of energy sovereignty is defended with blood, they are Rocío Nahle, Manuel Bartlett, Adán Augusto Lopez and Andrés Manuel López Obrador himself.
During the consultations between the two governments, Marcelo Ebrard and Tatiana Clouthier are seeking to buy as much time as possible to reach a political agreement that does not break spears with the administration of Joe Biden.
The US government has offered a silver bridge to pass the bitter pill: integration into clean energy transition initiatives, which it will support with billions of dollars in stimulus, and which could translate into large investments in Mexico.
But what the White House will hardly accept is that the Mexican government gets away with what they consider to be a clear violation of the principles of the TMEC.
Pressure from key Democrats and Republicans in the US Congress closes off room for maneuver for the US president himself.
The dilemma is very simple but very hard for the 4T: comply with the Constitution and with the TMEC and deactivate part of the nationalist dream, or be exposed to sanctions that would affect many of the most successful exports and with the greatest social benefit of Mexico, from products agricultural to household appliances, automotive and other sectors, which could reach more than 20 billion dollars.
The negotiating party of the 4T has not offered real solutions to deactivate a panel in the TMEC because it cannot convince López Obrador to give US investment national treatment in the energy sector.
On the contrary, last week in the Chamber of Deputies, the Secretary of the Interior added fuel to the fire by saying that negotiations with the private sector will conclude in October to finalize the self-supply regime contracts.
The figure of self-supply was abrogated in the 2014 Energy Reform, but the permits remained in force to avoid retroactivity of the law, until they expired.
Once this happened, the companies would have to migrate their permits to the Wholesale Electricity Market model.
The government of the 4T is in a dead end: either it complies with what was agreed in the TMEC and the energy sector is opened, or the last year of government is going to be hell for Mexican foreign trade, for exports and for confidence of investors.
It is not convenient for Mexico to be at odds with the Biden government and in particular with the Office of Trade Representation, the Department of Commerce, the Secretary of State, but above all with Congress and US investors.
GRUPO SALINAS and Southwestern University signed an agreement to promote quality education for Mexican children and youth. With this international alliance, the talent of the high school students of Planteles Azteca and Humanitree College will be recognized by the prestigious institution chaired by Jake B. Schrum, which will award scholarships for them to pursue professional studies at this private university, the oldest in the state. from Texas. The educational agreement also promotes the exchange of students and professors between Southwestern University and Universidad de la Libertad, Ricardo Salinas Pliego’s ambitious educational project. This synergy will include an exchange program and professional internships for students in Grupo Salinas companies.
DILA CAPITAL, which is headed by Eduardo Clavé and Alejandro Diez Barroso, is in the final phase of closing its new DILA IV Fund. It currently has 120 million dollars committed, an amount that it expects to increase in the coming months. The success of this survey is given, among other factors, by the extraordinary return expected from its previous fund, DILA III, which has the two unicorns: InCode and Kushki, where it led its seed series, as well as companies such as Ben & Frank, Urbvan and Welcome Technologies among others. DILA IV hopes to continue promoting technology companies with a presence in Latin America.
HUGHES NETWORK SYSTEMS received the Quarter Century Award for Excellence from GVF, the global association representing the satellite industry, for delivering the greatest social and industrial impact in combating the digital divide. Hughes has more than 50 years developing cutting-edge technology such as HughesNet satellite internet, which connects more than 1.5 million users in the Americas. In Mexico, the firm led by Marcos Duarte connects 7,200 Internet access sites and community Wi-Fi as part of the largest national connectivity project of CFE Telecomunicaciones e Internet para Todos.
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