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Joint press statement by Presidents Barroso and Van Rompuy following the VI Mexico-EU Summit in Los Cabos

Commission Européenne - MEMO/12/451   17/06/2012

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European Commission

MEMO

Los Cabos, 17 June 2012

Joint press statement by Presidents Barroso and Van Rompuy following the VI Mexico-EU Summit in Los Cabos

We should like to thank President Calderón for hosting the VI Mexico-EU Summit ahead of the important G20 Summit. Our meeting provided a welcome opportunity to reaffirm the importance the EU attaches to its Strategic Partnership with Mexico.

Mexico is a like-minded country, with which we share core values and similar views on many global issues. The EU and Mexico are strong partners in promoting universal human rights, fighting climate change and fostering free trade.

We pledged the EU’s strong support for the Mexican G20 Presidency and its efforts to strengthen the world economy. We recalled the significant efforts made to maintain stability in the euro area and our determination to work for further EU integration. At the same time, we underlined that rebalancing the global economy and promoting a strong, sustainable growth is a task for all G20 members.

We underlined the EU’s willingness to continue and intensify cooperation with Mexico also in other global fora such as the Rio+20 Summit and to bring the upcoming Arms Trade Treaty negotiations to a successful conclusion.

At today’s Summit, we decided to extend the implementation of the 2010 Joint Executive Plan of the Strategic Partnership, which sets out a comprehensive roadmap for strengthening relations between the EU and Mexico. We welcomed the progress made and encouraged further efforts to initiate dialogue and cooperation in all areas.

In particular over the past two years, we have stepped up bilateral cooperation in the justice and security sector, on human rights and will soon launch a new dialogue on macro-economic issues The EU and Mexico already enjoy excellent trade and investment relations.

Bilateral trade is today at an all-time high of more than € 40 billion (more than US$ 50 billion) and the accumulated investment stock over the last 10 years amounts to more than € 80 billion (or more than US$ 100 billion). We agreed to explore the upgrading of the EU‑-Mexico Global Agreement to further strengthen our trade and investment relationship.

Finally, we expressed our gratitude and appreciation to President Calderón who has significantly contributed to the strengthening of EU-Mexico relations during his term as President.


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