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Energy: Investment

Asked by Andrew RosindellReform UKDepartment for Business and TradeTabled Answered 20 January 2025UIN 23276

The question

To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the potential impact of Mexico's recent constitutional reforms on UK investments in the regional energy sector.

Answered by Mr Douglas Alexander

The UK Embassy in Mexico regularly engages with the Mexican Government to underline the importance of strong institutions, independent courts, and the rule of law.

My Department has been following the regulatory reforms closely. We are aware of market reactions and maintain a dialogue with the Mexican Government at the highest levels about how these reforms may affect UK business. Mexico is a long-standing and valued trade partner for the UK and we are working to grow our two-way trade and investment.

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