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.

Source: 123rf.com
Posted by: Information Services
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