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Mexico turns to Europe for trade talks, Europe supports that

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Staff Writer | February 2, 2017
The European Union and Mexico have set two new rounds of trade talks in the first half of 2017.
Cecilia Malmstrom
Negotiations   Cecilia Malmstrom and Ildefonso Guajardo will talk
The European Commission said that EU Trade Commissioner Cecilia Malmstrom and Mexican Economy Minister Ildefonso Guajardo had scheduled subsequent rounds for April 3-7 and June 26-29.

“Together, we are witnessing the worrying rise of protectionism around the world. Side by side, as like-minded partners, we must now stand up for the idea of global, open cooperation,” the two said in a joint statement.

European leaders have said Brussels should take advantage of a more protectionist U.S. leader, who has already withdrawn from the Trans-Pacific Partnership (TPP) trade deal, to step up negotiations with would-be partners.

Mexico faces the prospect of a renegotiated North American Free Trade Agreement (NAFTA) and possibly higher US import duties.

The EU and Mexico have a free trade pact dating from 2000 that they began to update last year, holding talks in June and November.