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Mexico Pushes to Finish Trade Deal With EU This Month

  • EU is biggest buyer of Mexican goods following U.S., Canada
  • Negotiators are said to aim for announcement during Pena trip
Bloomberg business news

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Mexican trade negotiators are pushing to finish work on an updated free-trade agreement with the European Union ahead of a trip by President Enrique Pena Nieto to the region later this month, according to three people familiar with the plan.

Mexico started work on updating its pact with the EU in mid-2016 and had aimed to complete a deal by the end of last year. The goal is now to finish negotiations in time for Pena Nieto to announce the agreement on a trip to Germany during the last week of April for Hannover Messe, an industry show where Mexico is the chosen partner country this year, according to the people, who asked not to be named discussing private negotiations.