EU looking to increase the presence of its companies in Mexico

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The European Union is looking to increase the participation of its member companies in Mexican public contests. Cecilia Malmström, European Commerce Commissionaire, indicated that, after the enforcement of the current EU-Mexico agreement, 16 year ago, it is now necessary to adapt it to a new commercial reality. The propositions Brussels presented to its counterpart are looking to reduce the so-called "unnecessary regulatory barriers" to commerce, as well as "upkeeping the levels of protection to consumers, workers and the environment", according to the statement. In addition to increasing the presence of European companies in public tendering in Mexico, and vice versa, the EU wants to facilitate the commerce of energetic products and raw materials, as well as increasing the cooperation related to food safety and a better protection of products with designations of origin.