Switzerland and Mexico to update free trade agreement
The free trade agreement (FTA) between Mexico and European Free Trade Association (EFTA) states, including Switzerland, is to be updated.
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Switzerland and Mexico to update free trade agreement
This was confirmed by Swiss economics minister Guy Parmelin and his Mexican counterpart, Claudia Sheinbaum, in Mexico City.
This EFTA-Mexico FTA is now 25 years old. Mexico is Switzerland’s second most important trading partner in Latin America, according to the economics ministry. Switzerland is also the sixth-largest investor in Mexico.
+ Who benefits from free trade agreements with Switzerland?
Alongside Switzerland, EFTA comprises Norway, Iceland and Liechtenstein.
Parmelin is currently travelling through Mexico with a business delegation and meeting with various ministers and representatives of local companies.
Switzerland opened its first consulate in Mexico as early as 1827.
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Translated from German, reviewed by an English Department journalist.
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