Hanover Fair: EU updating trade deal with Mexico - Dutch tulip production reaches all time high
The EU plans to invest more in Africa and wants to intensify trade relations. Since the refugee crisis, Europe has been courting African governments and banking on increased cooperation.
German politicians and business leaders have welcomed the agreement that Jean-Claude Juncker made with Donald Trump. But some wonder whether the US president will stick to his word.
Despite a raft of negative headlines on the trade front, the EU has been busy doing free trade deals with Canada, Japan and Mexico. A deal with South American bloc Mercosur may be next, with optimism on both sides.
The EU and Mexico have had a free trade agreement for 17 years, but have been negotiating a new one for the past 18 months. Following the most recent round of talks, hopes are high that a deal can be concluded next week.
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