Historical ratification in Strasbourg
The European Parliament gave the green light this Wednesday to the Modernized Global Agreement between Mexico and the European Union, as well as the Interim Trade Agreement. The vote was overwhelming: 479 votes in favor for the first, 474 for the second.
“It is a historic day for Mexico,” declared Esteban Moctezuma Barragán, Mexico’s ambassador to the EU. He highlighted that the number of votes far exceeds the 370 that other similar agreements usually receive.
The diplomat stressed that the massive approval reflects political support for the bi-regional bond. “We must be very happy, but aware that a closer political, commercial and cultural relationship is just beginning,” he added.
What’s next
Now the agreements must be approved by the Mexican Senate. President Claudia Sheinbaum already signed both documents in May during the visit of Ursula von der Leyen and António Costa, presidents of the Commission and the European Council, respectively.
The legislative process in Mexico will be the last step for the treaty to enter into force. Ratification in the Senate is expected to occur in the coming months, without major setbacks.
The modernization of the original agreement, in force since 2000, expands cooperation on issues such as climate change, digital rights and supply chains. It also simplifies customs procedures and opens new investment sectors.




