While protectionist headlines seem to crop up every day, Mexico and the EU have set a different tone as they moved forward with a trade agreement, or at least a preliminary version of one. Touted as an economic and political win for both sides, the agreement is an update of an existing pact and will cover a variety of foods and agricultural products as well as financial services and e-commerce. According to Farming UK, trade between Mexico and the EU has been growing at brisk 8 percent annually. The EU plans to follow up its earlier agreement with Japan and this updated agreement with Mexico with trade negotiations with South America’s Mercosur.
Posted by: Information Services Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.