RSS

Multilateral Trade Negotiations

  • EU and Mexico Reach New Agreement on Trade

    April 26, 2018

    Saturday, 21 April 2018, the European Union and Mexico reached an agreement on a new free trade deal. “With this agreement, Mexico joins Canada, Japan and Singapore in the growing list of partners willing to work with the EU in defending open, fair and rules-based trade,” said European Commission President Jean-Claude Juncker. The EU and Mexico wanted to update a trade deal agreed 21 years ago that largely covers industrial goods. The European Union and Mexico agreed in 2015 to modernize their trade relations and held two rounds of talks last year. The election of U.S. President Donald Trump has reinforced Mexico’s need to reduce its reliance on the U.S. imports and exports.

    Read more