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EU clinches new trade deal with Mexico to bolster its foothold in Latin America

EU Commission President Ursula von der Leyen and European Council President António Costa signed an updated trade deal with Mexico on Friday, two decades after the original agreement, as both parties seek to reduce their dependence on the US and China amid rising geopolitical tensions.

READ MORE : http://www.euronews.com/2026/05/22/eu-clinches-new-trade-deal-with-mexico-to-bolster-its-foothold-in-latin-america

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00:01The European Union has signed a revamped trade deal with Mexico as part of efforts to expand its influence in
00:08Latin America,
00:09shortly after the Mercosur Pact entered into force.
00:13Mexican President Claudia Sheenbaum was joined by European Commission President Ursula von der Leyen
00:18and European Council President Antonio Costa for a summit in Mexico City to sign the deal.
00:24The goal here is simple. We want to create even more jobs and value on both sides.
00:32With swift ratification, tariffs on virtually all Mexican agri-food exports to Europe will disappear.
00:42Imagine the opportunities.
00:45European companies, drawn by Mexico's talent and dynamism, already support more than 5 million jobs here.
00:54And there is much more to come.
00:57The economic partnership reflects efforts on both sides to reduce their dependence on the U.S. and on China.
01:03The deal strengthens the EU's diversification strategy by updating a 20-year-old agreement
01:08that had already eliminated tariff barriers on bilateral trade.
01:13The American Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European
01:15Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the
01:15European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist,
01:15the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European
01:15Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the
01:15European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Unionist,
01:15the European Unionist, the European Unionist, the European Unionist, the European Unionist, the European Union
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