the Negotiations on a free trade agreement between Mexico and United kingdom The UK's ambassador to Mexico, John Benjamin, said it would be postponed due to upcoming election cycles in both countries, but 2025 could be when an agreement could be reached.
In an interview with El Financiero newspaper, the British diplomat stressed that although bilateral relations between the two countries are at their best, the new trade agreement will enhance trade and investments between the two countries.
The official stressed this Britain's exit from the European Union (Brexit) Not only has it weakened relations with Mexico, it has opened up great opportunities to strengthen these relations through a recent, ambitious, fully pro-free trade bilateral agreement.
He stressed that “Brexit, in addition to being a controversial issue in the United Kingdom, has opened up more space, flexibility and independence for us to be able to negotiate trade agreements with partners such as Mexico.”
The diplomat noted that although the first three rounds of negotiations have already been implemented, there will be a pause next year due to political issues, as both countries face electoral cycles.
Ambassador John Benjamin stressed, “Once the next administrations are inaugurated in both countries, we are excited to resume the process and reach a successful outcome, perhaps by 2025.”
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