Overview
- Economy Secretary Marcelo Ebrard said Mexico accepted a U.S. invitation to join a multinational working group for a 60-day consultation toward a potential multilateral agreement.
- An initial discussion with partners including Canada, India, South Korea, Japan and the European Union was scheduled for Friday, where Mexico planned to set out its position.
- Mexico published a targeted list of 13 minerals it needs to secure externally: aluminum, cadmium, cobalt, chromium, germanium, iridium, lithium, nickel, palladium, platinum, tantalum, titanium and vanadium.
- President Claudia Sheinbaum reaffirmed that the nation’s mineral reserves and their exploitation are not subject to negotiation and must remain under Mexican sovereignty.
- Alongside the U.S.-led talks, Mexico is pressing its case in WTO, UN, regional and bilateral forums, citing supply risks as T-MEC’s review approaches; USGS data show Mexico is a major producer of eight critical minerals, including copper, silver and zinc.