Have you ever traded your lunch with a friend at school? Maybe you swapped your apple for their sandwich. Well, countries trade too, but instead of lunches, they exchange things like cars, computers, and yummy snacks!
Mexico 🇲🇽 is a country in North America, and it’s looking to make new friends in Europe 🇪🇺. Why? Because trading with more countries can help Mexico’s economy grow stronger.
Lately, there have been some challenges in trade between Mexico and the United States. So, Mexico wants to trade more with the European Union (EU), which is a group of 27 countries in Europe that work together.
The Mexican government is working hard to update its trade agreements with the EU. This means they are setting new rules to make it easier to buy and sell things between Mexico and European countries.
This is like when you and your friends decide on new rules for swapping snacks, so everyone gets something they like!
By strengthening trade ties with Europe, Mexico can sell more of its products like avocados 🥑, cars 🚗, and electronics 📱 to European people. In return, Mexico can buy cool stuff from Europe too!
This not only helps businesses but also creates more jobs for people in Mexico. Isn’t it amazing how countries work together just like friends?
So next time you think about trading your snack, remember that countries trade too, and it’s a big deal for everyone!
Reference(s):
Tariff threat pushes Mexico to grow trade ties with European Union
cgtn.com
