Mexico and the EU Move Closer to the Entry into Force of the Modernized Global Agreement

The European Parliament approved the Modernized Global Agreement (MGA) between Mexico and the European Union, as well as the Interim Trade Agreement (ITA) on July 8, 2026. With this vote, the EU made substantial progress in approving the trade component of the new bilateral framework. However, internal steps remain before implementation, including the corresponding process before Mexico's Senate and the final approval by the Council of the EU.