Spain and Mexico Propose Doubling Bilateral Trade by 2030

Spanish Minister of Economy, Commerce and Enterprise Carlos Cuerpo and Mexican Secretary of Economy Marcelo Ebrard have announced an ambitious goal to double bilateral trade and investment between their two nations by 2030.

Key points

• The initiative aims to create a stable, long-term framework to provide predictability for businesses operating in both countries.
• Current bilateral investment between Spain and Mexico is estimated at approximately 100,000 million euros.
• The two governments plan to develop a joint roadmap in the coming months to identify new investment opportunities and resolve administrative bottlenecks.

Why it matters

This initiative seeks to strengthen economic ties and provide regulatory stability amid global geopolitical tensions and rising protectionism.