EU agri-food business mission to Mexico 2026
EU agri-food business mission to Mexico 2026
As one of the 10 strategic partners of the EU, Mexico is the EU's second biggest trading partner in Latin America after Brazil. Mexico is also one of the first countries with which the “European Communities” established diplomatic relations over 50 years ago and the first country in Latin America to sign an agreement for an Economic Partnership, Political Coordination and Cooperation with the EU, the so-called “Global Agreement”. On 21 April 2018, the EU and Mexico announced an agreement in principle for modernising the trade part of the Global Agreement. The negotiations are now concluded, and all texts of the agreement have been published. The Commission has transmitted to the Council the decisions on signature, provisional application and conclusion of the modernised agreement for ratification.
The modernised FTA will improve market access through further tariff liberalisation (covering around 95% of agricultural tariff lines), reduce non-tariff barriers (TBT and SPS), simplify customs procedures, and facilitate trade through sector-specific provisions, including for wines and spirits. It also introduces measures to support and ease EU exports.
Mexico a net food importer. The EU enjoys already today an agri-food trade surplus with Mexico. Mexico is the 21st destination of EU agri-food exports accounting for 1% in value of all EU agri-food exports to the world. The country presents a lot of potential for improving those statistics.