24 Apr, 2024
Liberals and Democrats in the European Parliament welcomed the conclusion of a modernised free trade agreement with Mexico.
“The EU and Mexico have sent a clear signal — while others isolate, we cooperate. A rules-based free trade system is the best way forward, and the EU and Mexico have proven our commitment to this again," said Dita Charanzová, ALDE Group's shadow rapporteur on EU trade relations with Mexico.
“The EU-Mexico Global Agreement was the first of its kind at the time. Since signing it 20 years ago, our trade flows have almost tripled and have led to growth on both sides of the Atlantic. It is about time that our trade relations thrive even more through a modern agreement that reflects modern trade issues.”
“This successful modernization demonstrates that the Union’s trade strategy should not be limited to the quantity of trade agreements in place, but to also ensure better quality of these. The decision to update agreements in place with Mexico, followed by Chile, is positive, and should become the norm for all of our trade deals.”
