Mexican Foreign Secretary Roberto Velasco received Swiss President Guy Parmelin on Monday in Mexico ahead of Parmelin’s Wednesday meeting with President Claudia Sheinbaum, as both countries seek to strengthen commercial links while facing separate tensions with the United States.
Sheinbaum had previously announced the meeting with the European representative during her morning press conference on July 2. She said the updated trade agreement with Europe exists and highlighted the permanent communication that both the Secretary of Economy, Marcelo Ebrard, and Secretary Velasco maintain with other countries.
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On that same day, the Mexican president reiterated the strong interest from various governments in investing in Mexico and underscored communication with Asia, particularly Japan and South Korea. She reported that the president of South Korea, Lee Jae-myung, is coming in September and that she had spoken with Japan’s prime minister, Sanae Takaichi, noting there is great interest in continuing to invest in Mexico.
During May, representatives of the European Union, including European Commission President Ursula von der Leyen, led the signing of the Modernized Global Agreement, which aims to update and expand political, economic, and cooperation ties after more than 25 years of the original accord between Mexico and the European bloc.
Esta tarde, el secretario Roberto Velasco (@r_velascoa) dio la bienvenida a nuestro país, al presidente de la Confederación Suiza, Guy Parmelin (@ParmelinG) y a su esposa, Caroline Merotto. El mandatario suizo realiza una visita oficial a México para reunirse con la presidenta… pic.twitter.com/hXrHygd9AG
— Relaciones Exteriores (@SRE_mx) July 7, 2026
Von der Leyen described the signed agreement as one of the most ambitious the EU has concluded and said it would strengthen political, economic, and commercial cooperation.
The commercial momentum with the EU comes as Mexico faces repeated tensions with the United States, which rejected on July 1 renewing the North American USMCA trade agreement in its current format, a move that will subject the three nations to complex annual reviews.
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