Farm-Friendly EU-Mexico Trade Deal Passes Parliament
The European Parliament approved a new trade deal with Mexico. This avoids problems with a previous trade deal. The deal will now need more approvals.
The European Parliament voted to approve the trade agreement. 479 members voted in favor, 119 voted against, and 65 members abstained. The agreement was signed two months before the vote. Now, the Council of the EU and the Mexican Senate must approve it. The trade deal is meant to help European farmers and improve trade between the two countries.
Summarized from the sources above. Read the originals for the full story.
Highlights
Parliament Approves Mexico Deal
The European Parliament approved the updated trade agreement with Mexico.
Agreement Avoids Mercosur Delays
The deal avoids problems similar to the Mercosur trade deal.
Parliament Vote Results
The vote was 479 in favor, 119 against, and 65 abstentions.
Deal Requires Further Ratification
The agreement needs approval from the Council of the EU and the Mexican Senate.
Implementation Expected Next Year
Implementation of the deal is expected early next year.