The EU and Mexico hope to complete their free trade agreement by the end of this year. There are plenty of “small wins” from reducing trade barriers that could add 23% to Mexican exports to the EU, Panjiva data shows. Mexico will also want to complete a deal ahead of NAFTA renegotiations and its elections in July 2018. The challenge will come from ratifying the deal, as was shown by national objections to the Canada-EU trade deal earlier this year. European politics will bring uncertainties here. Countries accounting for 72% of Mexico’s trade deficit with the EU will have elections befor...