The European Parliament has endorsed agreements intended to modernise the EU-Mexico partnership and expand trade between the two sides.
MEPs approved the EU-Mexico modernised global agreement (MGA), which is meant to replace the framework dating back to 2000 and provide new opportunities for businesses and sustainable development. Alongside that, they also backed an interim trade agreement (iTA), which will allow some trade benefits to apply earlier while the full modernised agreement is being ratified.
The Parliament said the agreements would reduce tariffs and remove remaining trade barriers, particularly benefiting EU agriculture and agri-food exporters. MEPs also highlighted protections for traditional products, including safeguarding hundreds of EU geographical indications in Mexico to prevent imitation products tied to specific EU regions.
On access to government contracts, the Parliament said the deals would give EU companies expanded opportunities in Mexican public procurement, including in multiple states and a broader set of public contracts. It also noted that environmental and social considerations can be taken into account during procurement procedures.
Politically, MEPs said the partnership supports rule-of-law commitments and human-rights-related cooperation, including steps aimed at strengthening democratic governance and tackling corruption and organised crime. After the European Parliament’s consent vote, the Council can formally conclude the MGA, which then needs ratification by EU member states and Mexico before fully entering into force.
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