Understanding the future of the UK-Mexico relationship

Background   Agenda   The Speakers Register Now 

Join Canning House in Mexico City on Wednesday 9 April 2025.

On April 9 2025  Canning House, the UK’s leading forum for Latin America, will convene its first Mexico-UK Summit. In the context of new governments and developments in trade agreements this Summit will provide a space for a constructive and informative dialogue between the two nations.

With a morning session focused on international relations and climate change, and an afternoon session dedicated to business and trade, this summit will enable leaders from both nations in business, government, and academia to forge valuable connections, share best practices, and gain actionable insights to capitalise on emerging opportunities. As both countries seek to diversify trade partnerships and position themselves at the forefront of tackling climate change and digital transformation, this Summit seeks to spark meaningful conversations on the long-term development of a strategic, forward-looking Mexico-UK relationship.

I look forward to seeing you in Mexico City, as we continue to build the productive relationship between these two countries.

Building a strategic, forward-looking bilateral relationship

Both Mexico and the UK are major economic powers on the world stage, and key geopolitical actors. This summit seeks to understand the situations of both countries, and identify opportunities for their future relationship. Amid the shifting global landscape Mexico and the United Kingdom —with over 200 years of diplomatic relations and shared membership in the G20, the United Nations, and the OECD—are poised to strengthen their partnership to drive sustainable development and build forward-looking economies. 

This partnership offers significant economic opportunities. Mexico, the world’s twelfth-largest economy and a key emerging market, and the United Kingdom, the world’s sixth-largest economy and a global financial services hub, are vital players in the world economy. Both countries maintain a significant relationship with the US. Due to its geo-strategic location, Mexico has become an attractive destination for foreign investment, offering a gateway to both the Atlantic and Pacific Oceans, alongside proximity and preferential access to the US market through the USMCA, and a growing domestic market of over 120 million. As Mexico’s sixteenth-largest trading partner and eighth-largest source of foreign direct investment (FDI), the UK plays an important role in supporting Mexico’s growing economy.

The UK-Mexico Trade Continuity Agreement, which came into force in June 2021, has provided a solid foundation for expanding bilateral trade. More recently, the UK’s accession to the CPTPP and the possibility of an enhanced UK-Mexico Free Trade Agreement are set to bolster trade in traditional sectors, including automotives, pharmaceuticals, and food and beverages, while unlocking new opportunities in the digital and green economies. This strengthened partnership will help British and Mexican businesses seize market opportunities while advancing world-leading trade frameworks.

In addition, Mexico and the UK offer significant potential for collaboration in sustainable development. Mexico made history as the first country in the Americas to issue a sustainability-linked sovereign bond, listed on the London Stock Exchange and maturing in 2027, setting a precedent for UK-Mexico collaboration in green finance. With new governments ambitious renewable energy targets have been set: President Claudia Sheinbaum pledges for renewables to constitute 45% of Mexico’s energy mix by 2030, UK Prime Minister Keir Starmer, plans to double onshore wind, quadruple offshore wind, and triple solar power capacity by the end of the decade. These shared objectives in renewable energy, coupled with strong green finance leadership, make the UK and Mexico strategic partners in advancing global sustainable development.

Agenda

Over the course of the day the Mexico-UK Summit seeks to understand the relationship between the two countries, and the upcoming opportunitites for collaboration. The Sumit will be split into two separate sessions, with one taking place in the monning, and the second in the afternoon. The day will conclude with a networking session.

Morning session: A UK-Mexico Partnership on Global Issues and Energy Transition

In light of recent elections, experts will discuss opportunities for the UK and Mexico to strengthen cooperation amid climate change and shifting global geopolitics. Through two panels and two keynote speeches, UK-Mexican diplomats, politicians, and climate and energy specialists will explore how both nations can advance climate leadership, drive the energy transition, and promote shared values of gender equality and human rights through multilateral collaboration.

Afternoon Session: Innovate, Trade, Invest: UK-Mexico Partnerships for Growth

In the wake of the UK’s recent accession to the CPTPP, this session will bring together business leaders and trade experts to explore strategic avenues for strengthening the UK-Mexico commercial relationship. Experts will focus on traditional industries—such as manufacturing, automotives, and food and beverages—alongside the untapped potential for emerging sectors including financial services, technology, and fintech. Together, the discussion will explore how the UK and Mexico can leverage their complementary strengths to build resilient, sustainable, and future-focused economies in response to climate change, digital transformation, and shifting global trade dynamics.

Networking Session

The day will conclude with an opportunity for all participants to speak to colleagues and make new connections.

KEYNOTE ADDRESS
GEOPOLITICAL LANDSCAPE
KEYNOTE ADDRESS
ENERGY TRANSITION

KEYNOTE ADDRESS

Secretary Alicia Bárcena, Secretary of Environment and Natural Resources

Alicia Bárcena was Secretary of Foreign Affairs from June 2023 to September 2024. Previously, she served as Mexican ambassador to Chile.
From 2008 to 2022, she held the position of executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC). She also served as deputy executive secretary and director of the Environment and Human Settlements Division at ECLAC. Before those postings she spent time working at the UN.
She was the first Undersecretary of Ecology of Mexico, in 1982, in the then Secretariat of Urban Development and Ecology. She also held the position of general director of the National Fisheries Institute in 1988.
She is a biologist and has a master's degree in Ecology from the National Autonomous University of Mexico (UNAM), and a master's degree in Public Administration from Harvard University. Author of more than 50 publications in different international media and academic journals. 

This address will focus on Mexico's approach to environmental challenges and its approach to foreign policy.

GEOPOLITICAL LANDSCAPE

Where do the UK and Mexico sit within the shifting geopolitical landscape?

In the context of recently elected governments, experts will discuss UK-Mexico opportunities to strengthen cooperation at the multilateral level. Panellists will exchange views on shifting geopolitical trends and current global governance challenges within the multilateral system, as well as the promotion of human rights and the collaboration between both countries in the UN and the G20. The panel will identify common ground between Mexico and UK approaches to maintain a strong and productive relationship to address global needs. 

 

As the United States’ largest trading partner, this panel will assess how Mexico’s evolving relationship with its northern neighbour may impact diplomatic and economic strategies on the global stage. Similarly, experts will comment on China’s role and economic activity in Mexico and across Latin America. This discussion will also assess opportunities and challenges to expand ties with the ‘Global South’ and beyond.

KEYNOTE ADDRESS

The British Perspective

This address will tackle the themes of climate change and foreign affairs from a UK persepctive.

ENERGY TRANSITION

UK-Mexico: leading the energy transition

This panel will examine the critical role that the energy sector is and will play in facilitating the transition to greener and more sustainable energy sources. Besides assessing new President Sheinbaum’s energy policies for Mexico; some of the topics will include the role of renewable energy in shaping the bilateral relation; both countries’ goals for decarbonisation; climate change mitigation strategies; the role of private investment in strengthening supply chains; future technologies and innovation to achieve a fair energy transition; and the role of London – as a global green finance centre – in financing Mexico’s renewable energy projects.

GLOBAL GATEWAYS
FIRESIDE CHAT
SUSTAINABLE AND SHARED PROSPERITY

GLOBAL GATEWAYS

Strategic avenues for strengthening UK-Mexico trade and investment

This panel will examine the growing opportunities for UK-Mexico trade and investment across key sectors, set against the backdrop of the UK’s accession to the CPTPP. Discussions will explore: how can Mexico serve as a nearshoring hub for British businesses looking to expand internationally? How can British companies in supporting sectors such as infrastructure and logistics contribute to the growth of Mexico’s manufacturing industry and its role as a global nearshoring hub alongside its burgeoning tourism industry? What key opportunities exist for Mexico to increase its exports to the UK, and vice versa, under the CPTPP and the UK-Mexico Free Trade Agreement? Additionally, how can private sector investment flows between the two countries be increased and sustained? What trade barriers persist for boosting bilateral trade and how may they be tackled, for example through Mexico’s potential ratification of the UK’s accession to the CPTPP?

FIRESIDE CHAT

In discussion with mexican industry

An insightful discussion hosted by Jeremy Browne, CEO, with a key figure from the Mexican business world.

SUSTAINABLE AND SHARED PROSPERITY

Wiring the UK and Mexico's tech and financial ecosystems

This panel will explore how the UK and Mexico can deepen collaboration between their financial and technological ecosystems to drive inclusive growth and future-focused innovation. Key discussions will include: how can London position itself as a global financial centre for Mexican companies seeking international expansion? How can London’s expertise support sustainable projects in Mexico, particularly related to urban development, infrastructure, and transportation? In the realm of FinTech, how can Mexico’s rapidly expanding market offer unique opportunities for UK companies, especially in open banking and cross-border payments? Additionally, how can stronger partnerships between tech hubs in both countries foster innovation and entrepreneurship? Finally, how can broader collaboration in professional services and education help the UK and Mexico build a future-ready workforce, ensuring competitiveness in the evolving global economy?

The speakers

The full list of speakers will be released closer to the date of the conference. The line-up includes senior government officials from both countries, business leaders in the region, and expert commentators.

Join Us

To secure your place at our Mexico-UK summit ensure to register using the button below. The summit will take place on 9 April 2025.

Details

Wednesday 9 April 2025

08:45 - 18:30 (GMT -6)

Sofitel Mexico City Reforma 

297 Avenue, Av. P.º de la Reforma, Cuauhtémoc, 06500 Ciudad de México, CDMX, Mexico

Register Now  

Sofitel Mexico City Reforma

The conference will be hosted in the Sofitel Mexico City Reforma.

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The Mexico-UK Summit is produced by Canning House. This page was designed by Finton Hanks.

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