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UK and Mexico Announce Start of FTA Talks

The U.K. is launching free trade agreement negotiations with Mexico. Mexican Secretary of Economy Tatiana Clouthier and U.K. International Trade Secretary Anne-Marie Trevelyan met in London May 20 to announce the start of the talks, the Department for International Trade said. The first round of talks will begin in July in Mexico City, followed by a second round in the fall.

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"We are both committed to achieving an agreement which is better suited for the 21st Century," a joint statement said. "This is an opportunity to deliver an agreement which strengthens trade in goods and services, increases investment flows, and promotes digital and cross-border trade. We also want the new FTA to deliver on progressive issues such as trade and gender equality and innovation. Lastly, we recognise the importance of an agreement which supports businesses in both countries to access and make best use of existing and new global supply chains."