Europe and Mexico Strike a New Trade Accord: What it Means for Global Economic Interdependence The European Union and Mexico have signed an expanded trade deal, updating a 2000 accord that promises to remove most remaining barriers to trade and investment between the two economic blocs.
The agreement is seen as a major step towards reducing their reliance on the United States.
This development comes at a critical time, as negotiations for a three way free trade agreement involving Mexico, the US, and Canada continue.