Published by Global Banking & Finance Review®
Posted on May 22, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleThe EU-Mexico trade deal could be finalized by year-end, with Italy's Tajani advocating for increased investments in Mexico, particularly in shipbuilding and aerospace.
MEXICO CITY (Reuters) -A long-stalled free trade agreement between the European Union and Mexico could be signed by the end of the year, Italian Foreign Minister Antonio Tajani said on Thursday.
"Yesterday I spoke with (European Commission President Ursula) von der Leyen and (European Trade Commissioner Maros) Sefcovic about the agreement," Tajani said. "I think it's time to move forward."
Tajani, speaking from Mexico, added that Italy wants to boost investments in the Latin American nation, potentially through shipbuilder Fincantieri or in the machinery and aerospace sectors.
"Without tariffs, we all win," he added in comments shared by Mexico's economy ministry.
(Reporting by Kylie Madry; Editing by Brendan O'Boyle)
Antonio Tajani stated that the long-stalled free trade agreement could be signed by the end of the year and emphasized the need to move forward.
Italy is looking to boost investments in Mexico, particularly through sectors like shipbuilding, machinery, and aerospace.
Tajani mentioned that without tariffs, all parties involved would benefit, highlighting the positive impact of tariff elimination.
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