mexico european trade

Mexico, EU reach deal to update trade agreement

Mexico and the European Union reached a deal to update their nearly 20-year-old free trade agreement on Saturday, including the elimination of tariffs on a number of Mexican agricultural products.

President Enrique Pena Nieto, who arrived in Hannover, Germany, in the afternoon to begin a five-day tour of three European nations, said via Twitter that the “agreement in principle” was struck in Brussels.

“The modernization of this instrument broadens our markets and consolidates us as priority partners of one of the most important economic blocs in the world,” Pena Nieto said.

The announcement comes amid uncertainty for . . .