00:00Meanwhile, the European Union and Mexico have agreed to remove remaining barriers to trade and investment under an updated bilateral
00:08trade agreement.
00:09EU Foreign Policy Chief Kaja Kala says the deal will improve market access across several major sectors between both economies.
00:19She said the revised deal will expand cooperation in raw materials, agriculture, services and investment activities involving European and Mexican
00:28businesses.
00:29It is expected to strengthen supply chains while creating new opportunities to improve global competitiveness for both trading partners.
00:37Kala's noted that the EU remains Mexico's third largest trading partner with bilateral trade increasing by 75% over the
00:45past decade.
00:46Mexico imported nearly US$67 billion worth of European goods in 2025 while exporting approximately US$28 billion in return.
Comments