– The European Union and Mexico have reached on Saturday an agreement in principle on a new free trade agreement.
“With this agreement, Mexico joins Canada, Japan and Singapore in a growing list of partners who want to cooperate with the EU in safeguarding an open, equitable and rules-based trade”, – said in this regard, the European Commission President Jean-Claude Juncker.
The agreement in principle with Mexico followed concluded last year’s deal with Japan and anticipates starting next week for talks with South American trading bloc MERCOSUR, which includes Argentina, Brazil, Paraguay and Uruguay.
The European Commission announced on Saturday that almost all the trade in goods with Mexico will be duty-free. The negotiations will continue to clarify technical details and the preparation of a final text by the end of the year.
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