MEPs fact-finding mission to Mexico to analyse new EU-Mexico trade deal
Trade Committee MEPs are going to analyse and discuss elements of a trade agreement-in-principle during a three-day visit in Mexico.
The delegation of INTA rapporteur on the EU-Mexico deal Ms Inmaculada Rodríguez-Piñero Fernández (S&D, Spain) and Mr Santiago Fisas Ayxelá (EPP, Spain) will be visiting Mexico between 6-8 June.
The MEPs are going to discuss with counterparts the agreement reached between the Commission and Mexico in April 21, and will follow-up on the ground on the main achievements such as market access for agricultural products, services, foreign direct investment, and small and medium size enterprises.
The delegation is set to meet state officials at the Ministries of Foreign Affairs, Economy, and Public Administration, sectoral technical ministries responsible for, among others, environment and intellectual property. The trade MEPs will also hold talks with civil society organizations and social partners (including business associations and trade unions), and legislators from the Foreign Affairs and International Trade Committees of Mexico’s Senate.
The Trade Committee has been following the negotiations on trade and investment closely, raising concerns in particular as regards agricultural market access and trade, and sustainable development.
“The European Parliament welcomes the political agreement on the modernisation of the trade agreement but still needs to analyse its content carefully. The deal will contribute to strengthening our trade relations but, above all, it must improve environmental and labour standards and reinforce our cooperation for the respect human rights and the rule of law. This delegation will help us better understand how the Mexican civil society and social partners see the agreement. We can also assess the commitment from Mexico to open its public procurement markets, especially at the sub-federal level. We will insist on speeding-up the procedures to be able to vote on the agreement still during this term,” said delegation lead Ms Rodríguez-Piñero Fernández prior to the visit.
The European Union and Mexico has had a trade agreement since 2000. The Commission is now seeking to replace the existing agreement with a new one which would open up the Mexican market even more to EU exporters and investors and would cover new areas like services, and food and drink. This is the first EU free trade and investment agreement to include an anti-corruption chapter addressing corruption and money-laundering that affect trade and investment. It also simplifies procedures and encourages the use of international standards.
The EU is Mexico’s second biggest export market, while the country is the 13th-largest trading partner of the EU.