EU, Mexico to speed up talks amid Trump fallout

2017-02-01 21:06
(iStock)

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Brussels - The European Union and Mexico are to speed up talks on a new trade agreement as US President Donald Trump moves to renegotiate major international trade pacts.

EU and Mexico trade chiefs have agreed to hold negotiations on April 3-7 and June 26-29. They will also meet between rounds to push for further progress.

EU Trade Commissioner Cecilia Malmström and Mexican Economy Minister Ildefonso Guajardo said in a statement on Wednesday that "we are witnessing the worrying rise of protectionism around the world. Side by side, as like-minded partners, we must now stand up for the idea of global, open co-operation."

Trade between the two more than doubled between 2005 and 2015 from 26bn to 53bn, but their current trade pact dates from 2000.



Read more on:    donald trump  |  belgium  |  us
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