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European Union and Mexico reach agreement on a new free trade deal

he new deal adds farm products, more services, investment and government procurement, and include provisions on labour and environmental standards and fighting corruption

Eu Mexico Free Trade Deal

Reuters  |  Brussels 

The European Union and Mexico reached an agreement on Saturday on a new free trade deal, a coup for both parties in the face of increased protectionism from the United States under President Donald Trump. Since its plans for a trade alliance with the United States were frozen after Trump's election victory, the EU has focused instead on trying to champion open markets and seal accords with other like-minded countries. The agreement in principle with Mexico follows a deal struck last year with Japan and comes ahead of talks next week with the Mercosur bloc of Argentina, ...

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First Published: Mon, April 23 2018. 01:27 IST