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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