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EXPRESSION OF INTEREST: Trade Mission to Mexico 2024: Food & Drink sector
The Department for Business & Trade are pleased to announce recruitment is now open for a trade mission to Mexico focusing on the Food & Drink sector taking place from the 11th to 15th March. This mission will support 20 UK companies operating in the food and drink sector.
Why Mexico?
Mexico is a strategic gateway to both the US, Canada and the rest of Latin America. The US-Mexico-Canada Agreement (USMCA) came into force on 1 July 2020. Also, Mexico has 13 Free Trade Agreements (FTAs) with 50 countries—including NAFTA, the EU, Japan, Israel, 10 Latin American countries. It is also one of the most open economies in the region.
In May 2022, negotiations launched on a new UK-Mexico free trade agreement (FTA). The deal seeks to make exporting goods and services online smoother and help British businesses expand more quickly. Also, the UK concluded negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on 31 March 2023 and signed the Protocol of Accession on 16 July 2023. Mexico is also a member of the CPTPP.
The UK exports to Mexico totalled £2.6 billion for the four quarters to the end of Q1 2023. Currently, the 14th largest global economy, it is predicted to be in the top 10 by 2040. The World Bank now classes Mexico as an upper-middle-income country and this is demonstrated by the rapidly expanding middle class.
Want to know more? A pre-briefing webinar will allow interested parties to learn more about the mission, the market, and the opportunities this will present to those that participate.
The Webinar will take place on 16th November 2023 and you will be sent the link prior to the Webinar.
The Programme: The mission will visit three major cities in Mexico, offering both educational content as well as commercial opportunities.
Mexico City will be the first location.
- Here a mission reception will be hosted to welcome the delegation to Mexico.
- A market briefing with Mexican sector experts.
- Visits to major stores to review product on shelf and associated pricing.
- Participation in a meet the buyer event.
Guadalajara will see delegates.
- Visit the Antad tradeshow (over 50k visitor attend the show).
- Store visits.
- Participation in a meet the buyer event.
Monterrey will also offer.
- Store visits.
- Participation in a meet the buyer event.
- 1:2:1 with the delegation team to discuss next steps and support requirements.
Want to join the mission? To express interest joining this mission please fill out the form that will pop up on your screen once you fill your email address in below.
Recruitment for the mission is open until close of play 8th December, successful companies will be notified the 12th December and will be required to confirm their participation by the 15th December.
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Register your interest
Places on this trade mission are limited so use the link below to register your interest in joining us today, free and without obligation.
The final closing date for registering your interest is Friday 8th December 2023.
Please note that your place is not guaranteed until you receive confirmation from us.
If you have any queries relating to international trade why not contact us.
Find your local office: great.gov.uk/contact/office-finder
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The Department for Business and Trade (DBT) is the Government Department that helps UK based companies succeed in the global economy. We also help overseas companies bring their high-quality investment to the UK’s dynamic economy, acknowledged as Europe’s best place in which to succeed in global business.
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