EU, Mexico sign expanded trade deal
Key takeaways
- The updated accord between the European Union and Mexico removes most remaining barriers to trade and investment.
- "The goal is simple: We want to create more jobs and generate more value on both sides of the Atlantic," said European Commission President Ursula von der Leyen during the eighth EU-Mexico Summit in Mexico City.
- "This agreement gives us great wings to fly very high," she added.
Why this matters: an international story with cross-border implications worth tracking.
The updated accord between the European Union and Mexico removes most remaining barriers to trade and investment. President Sheinbaum said Mexico's respective trade deals with the EU and the US were "not contradictory."
https://p.dw.com/p/5EDZWThe EU is Mexico's third-largest trading partner, lagging far behind the US and China Image: Eduardo Verdugo/AP Photo/dpa/picture alliance Advertisement The European Union and Mexico on Friday signed a long-stalled free trade agreement as they seek to decrease their dependence on the United States.
"The goal is simple: We want to create more jobs and generate more value on both sides of the Atlantic," said European Commission President Ursula von der Leyen during the eighth EU-Mexico Summit in Mexico City.