On Wednesday, April 29, 2026, the German federal cabinet approved the signing of the modernized EU‑Mexico Global Agreement. The agreement, which will replace earlier arrangements, will be applied provisionally through an interim trade pact. It reduces tariffs and eliminates trade barriers, broadening access for European firms to Mexico’s market of more than 130 million consumers and easing entry into public procurement. Key provisions protect agricultural products through quotas and lower limits on beef, poultry and ethanol. The deal also incorporates commitments to international labour, environmental and climate standards. The agreement replaces older bilateral treaties and requires ratification by the EU and all member states in accordance with their constitutional procedures.
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