EU, Mexico to speed up trade talks amid Trump fallout
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The European Union and Mexico are to speed up talks on a new trade agreement as U.S. President Donald Tusk 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 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 cooperation."
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Trade between the two more than doubled between 2005 and 2015 from 26 billion euros to 53 billion euros ($28 billion-$57 billion), but their current trade pact dates from 2000.