The EU's Global Agreement with Mexico - In brief; The new deal will: Increase EU agri-food exports by removing high tariffs, benefitting European farmers; Make it easier for EU companies to bid for government contracts, invest and provide services in a variety of sectors in Mexico;

Mexico and the European Economic Community (EEC) signed an agreement intending to foster economic and trade relations on 15 July 1975. [1] [2] Mexico and the European Union (EU) have had a free trade agreement since 2000 and the two benefit from high investment flows. [3]

Jan 17, 2025 · U.S.-Mexico trade netted more than $800 billion in 2023. In contrast, trade between Mexico and the European Union reached $84 billion in the same year, according to the EU.

On 17 January 2025, the EU with Mexico concluded negotiations for a Global Agreement. Mexico is one of the EU’s most longest-standing trade agreement partner, with our original agreement dating back to 2000.

Jul 28, 2021 · In 2016, the EU and Mexico initiated negotiations to modernise the EU-Mexico Global Agreement in order to better embrace the economic and political challenges of the 21st century. Both parties reached an agreement in principle in …

Jan 17, 2025 · MEXICO CITY (AP) — Mexico and the European Union on Friday announced a revamped trade agreement that they said would substantially increase trade and investment, days before the inauguration of U.S. President-elect Donald Trump, who has threatened to slap sweeping tariffs on Mexico and other trading partners.. The new Global Trade Agreement between Mexico and the 27-nation bloc would reduce ...

Free Trade Agreement between Mexico and the European Union (FTA EU-MX), is a trade agreement between the European Union and Mexico. It was signed on December 8, 1997, in the city of Brussels , under the designation "Agreement of Economic Partnership , Political Coordination and Cooperation between the United Mexican States and the European ...

The European Union and Mexico decided in 2016 to modernise the EU-Mexico Global Agreement in a comprehensive and ambitious manner. The two sides reached an ‘agreement in principle’ on the trade part of the modernised EU-Mexico Global Agreement in April 2018 and concluded the final technical details on public procurement in April 2020.

Jan 17, 2025 · In 2023, the EU was Mexico’s third-largest trading partner (€81.7 billion of bilateral trade in goods) after the United States and China. The EU was Mexico's second-biggest export market after the US (€28.6 billion).

Current EU action in Mexico aims at building a partnership to work towards achieving the Sustainable Development Goals, fostering sustainable and inclusive development, and a fair green and digital transition, in line with the Global Gateway Investment Agenda.