Overview
- Officials confirmed at the Mexico–EU forum that the text is in final review and the signing will take place in Mexico City during a bilateral summit that will also present a Global Gateway investment portfolio.
- The updated framework adds chapters on investment and digital trade, streamlines trade facilitation, promotes regulatory alignment, and creates dedicated support for small and midsize enterprises with transparency and good practices.
- Mexico will remove nearly all tariffs on EU imports, while 86% of Mexican agricultural lines become duty‑free immediately and a further 10% phase out over seven years, alongside recognition of geographical indications such as Papantla vanilla, ataúlfo mango and Morelos rice.
- Mexico outlined an energy pipeline of roughly $248–250 billion across electricity, hydrocarbons and gas infrastructure, aiming for 38–40% clean power by 2030 and inviting EU financing and technology via Global Gateway and the European Investment Bank.
- Leaders framed the agreement as a vehicle to diversify Mexico’s economy beyond the United States and to build new green and industrial value chains with Europe.