In this work mesoporous CeO2-SiO2 catalysts with the Ce:Si molar ratios of 1:1 and 4:1 were synthesized by template method and modified with copper to elucidate the role of copper-ceria and ceria-silica interactions in the catalyst efficiency in CO-PROX. The catalysts were characterized by SEM-EDS, AAS, XRD, TPR-H2, TEM, and spectroscopic methods (Raman, EPR and in situ DRIFT of adsorbed CO). The binary catalyst with the equimolar Ce:Si ratio demonstrated better catalytic performance in CO-PROX due to its favorable textural properties and strong ability to anion vacancy formation as confirmed by N2 physisorption and Raman spectroscopy. CuOx/ CeSiOy (Ce:Si = 4:1) demonstrated better low-temperature activity, CO2 selectivity and stability than CuOx/ CeSiOy (Ce:Si = 1:1) and both binary systems because of its unique structure, comprising fine CeO2 particles with a narrow size distribution of 2-3 nm well dispersed on a large surface area, high concentration of the most active in CO oxidation Cu+ sites, formed on CuOx-CeO2 interfaces, and improved ability to surface reoxidation after reduction with the reagents resulted in the decreased Ce3+ concentration. It was also stable in the presence of CO2 and H2O in the reaction mixture. These properties would be difficult to achieve via template preparation methods without SiO2 addition.