Europe’s Italian Trade Problem May Spill Into Mexico Trade Negotiations — Panjiva
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Europe’s Italian Trade Problem May Spill Into Mexico Trade Negotiations

Cons. Discr. - Autos 1246 Consumer Staples 804 European Union 877 Industrials - Capital Goods 619 Italy 68 Mexico 928 Trade Deals 1017

Italy’s new government may be a thorn in the side of EU trade negotiations with the incoming government having indicated it may not approve the CETA trade deal with Canada due to geographic indicator (GI) concerns. That stance will spread into other trade negotiations, including those between the EU and Mexico, as European Commission negotiators will need to anticipate different Italian concerns vs. the past. Mexico’s trade with Italy has grown 11% annually in the three years to April 30 to reach $11 billion, though Italy’s exports outnumber Mexico’s by 4.2x. Leading export lines from It...

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