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EU-Mexico trade deal could be finalized before year-end, Italy's Tajani says

Published by Global Banking & Finance Review

Posted on May 22, 2025

1 min read

· Last updated: January 23, 2026

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EU-Mexico trade deal could be finalized before year-end, Italy's Tajani says
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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. "

EU-Mexico trade deal could be finalized before year-end, Italy's Tajani

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)

Key Takeaways

  • The EU-Mexico trade deal may be signed by the end of the year.
  • Italian Foreign Minister Antonio Tajani supports the agreement.
  • Italy aims to increase investments in Mexico.
  • Potential investment sectors include shipbuilding and aerospace.
  • The deal could eliminate tariffs, benefiting both parties.

Frequently Asked Questions

What did Antonio Tajani say about the EU-Mexico trade agreement?
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.
What sectors does Italy aim to invest in Mexico?
Italy is looking to boost investments in Mexico, particularly through sectors like shipbuilding, machinery, and aerospace.
What is the potential benefit of eliminating tariffs according to Tajani?
Tajani mentioned that without tariffs, all parties involved would benefit, highlighting the positive impact of tariff elimination.

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