The negotiations on the modernized Global Agreement with Mexico have concluded. This agreement, between Commissioner Maroš Šefčovič and Mexican Minister Marcelo Ebrard, provides a modern and ambitious framework for political dialogue and economic cooperation. It will create new economic opportunities, especially for EU agricultural exports, and promote shared values like sustainable development and anti-corruption.
The agreement focuses on human rights, multilateralism, and international security. This includes cooperation on geopolitical issues like climate change and resource supply. It promotes a net-zero economy and enhances the competitiveness of businesses on both sides. Additionally, it stimulates the digital and green transition by reducing barriers and protecting European investments in Mexico.
For European farmers, the agreement offers many opportunities by lowering tariffs and protecting traditional products. This makes exports simpler and cheaper.
Next Steps: After legal revision, the EU and Mexico will begin their procedures for approval and ratification. Official documents will be published online soon.
Background: Since 2008, Mexico has been a strategic partner of the EU. The new agreement will go beyond trade and focus on shared interests like climate change and human rights.