With the entry into force of the bilateral mechanism in 2000, trade in goods between both regions increased 148%. The Senate of the Republic is ready to analyze the ratification of the global Mexico-European Union agreement once it is submitted to the legislature by the federal government, stated the President of the Upper Chamber, Olga Sanchez Cordero.

She pointed out that with the entry into force of the bilateral mechanism in the year 2000, trade in goods between both regions increased 148 percent. "These figures encourage us to continue generating these synergies that consolidate actions on key issues, not only in terms of economic relations, traffic, and transit of goods but also on issues such as climate change, human rights, the fight against poverty, and the fight against corruption,'' said Olga Sánchez Cordero, president of the Senate's Board of Directors. However, when signing treaties, said Sánchez Cordero, extreme care must be taken with the rule of law.

"Without this premise, the rule of law, no cooperation or commercial relationship could benefit the protection, promotion of human rights and equality and solidarity, as well as respect for international law underpins relations between states and especially strategic relations such as the one Mexico has with the European Union,'' said Olga Sanchez Cordero, president of the Senate's Executive Board.

Upon receiving representatives of the European Parliament, the president of the Senate highlighted actions such as the creation of the Commission for Truth and Access to Justice in the Ayotzonapa case, which demonstrate, she said, our country's commitment to causes that seek justice and peace. In his turn, the MEP, Massimiliano Smeriglio, who is co-president of the Mexico-European Union joint parliamentary commission, expressed the concern of the parliament and European companies regarding the electricity reform initiative, which, he said, is a very sensitive issue.

"I must also point out, with the utmost respect and friendship, the problems that our embassies are hearing and that European companies that have invested in Mexico over the years are also hearing, that it is necessary to discuss, deepen and clarify because we also want to understand what is going to happen with the reform of the energy system; it is a very sensitive issue for our countries and the European Union as well,'' said Massimiliano Smeriglio, co-chair of the Mexico-European Union Joint Parliamentary Commission.