Switzerland and Mexico want to modernise their free trade agreement

Switzerland and Mexico want to modernise their free trade agreement

Keystone-SDA

The free trade agreement (FTA) between Mexico and European Free Trade Association (EFTA) states, including Switzerland, is to be updated.

This was confirmed by Swiss economics minister Guy Parmelin and his Mexican counterpart, Claudia Sheinbaum, in Mexico City.

This EFTA-Mexico FTA is now 25 years old. Mexico is Switzerland’s second most important trading partner in Latin America, according to the economics ministry. Switzerland is also the sixth-largest investor in Mexico.

+ Who benefits from free trade agreements with Switzerland?

Alongside Switzerland, EFTA comprises Norway, Iceland and Liechtenstein.

Parmelin is currently travelling through Mexico with a business delegation and meeting with various ministers and representatives of local companies.

Switzerland opened its first consulate in Mexico as early as 1827.

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National Council discusses details of the Mercosur free trade agreement

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Agribusiness

Swiss House rejects EFTA-Mercosur free trade deal

This content was published on

Jun 17, 2026

The Swiss House of Representatives has rejected the free trade deal between EFTA and Mercosur.

Read more: Swiss House rejects EFTA-Mercosur free trade deal

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Translated from German, reviewed by an English Department journalist. 

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