There has been considerable friction between Mexico’s government and U.S. investors in the energy sector recently, but conditions are in place for booming trade between the two nations according to a new analysis by Washington, DC, think tank Center for Strategic and International Studies (CSIS).


“The next four years present a once-in-a-generation opportunity for the new Biden administration to engage with Mexico and with President Andrés Manuel López Obrador to reinforce the trade relationship between the two countries,” the CSIS report’s authors said.

Last year’s signing of the United States-Mexico-Canada Agreement (USMCA), global economic disruption because of the Covid-19 pandemic, and administration changes on both sides of the border “present a unique...