Mexico, EU to sign stalled trade deal as they aim to diversify from US
Source: Reuters
Mexico, EU to sign stalled trade deal as they aim to diversify from US
By Emily Green, Philip Blenkinsop and Diego Oré
Fri, May 22, 2026 at 8:03 AM EDT
2 min read
MEXICO CITY, May 22 (Reuters) - Mexico and the European Union are set to sign a long-stalled free trade agreement on Friday as they seek to decrease dependence on the U.S. and partially insulate themselves from U.S. President Donald Trump's tariffs.
The accord, which they reached broad agreement on in 2025 but have delayed signing, expands a Mexico-EU trade accord from 2000, which covered only industrial goods. The new pact adds services, government procurement, digital trade, investment and farm produce.
Mexico’s President Claudia Sheinbaum, European Commission President Ursula von der Leyen and European Council President Antonio Costa are to sign the deal in Mexico City in their first summit in over a decade.
"This summit means more than trade; it's a geopolitical statement," Kaja Kallas, the EU's foreign policy chief, said on Thursday in Mexico City ahead of the signing.
-snip-
Read more: https://www.yahoo.com/news/articles/mexico-eu-sign-stalled-trade-120257863.html
= new reply since forum marked as read
