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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

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
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