UAE and Mexico Strengthen Trade and Investment Relations
The United Arab Emirates (UAE) and Mexico are actively running to enhance their trade and funding ties, with a focal point on fostering deeper collaboration between their personal sectors. in the course of a recent legit go to to Mexico town, Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of country for foreign trade, engaged in high-degree meetings with senior Mexican officials and business leaders to discuss opportunities for increasing cooperation and organising new partnerships. in the presence of UAE Ambassador to Mexico Salem Rashid Al Owais, Al Zeyoudi met with distinguished figures including Juan Ramon de Lafuente, the Minister of overseas Affairs, and Marcelo Ebrard Casaubon, the Minister of financial system. The discussions revolved around methods to bolster bilateral members of the family, specially in sectors which includes agriculture, enterprise, services, infrastructure, and tourism. A large recognition become located on increasing non-oil exchange, which has already proven dazzling boom. In 2023, non-oil exchange between the 2 countries surged by 20.eight%, attaining US$2.6 billion, up from US$2.1 billion in 2022. This nice fashion persisted in 2024, with alternate among the two countries rising with the aid of 1% within the first ten months of the 12 months, totaling US$2.2 billion. Al Zeyoudi emphasised that this continued growth in exchange highlights the excellent potential for in addition strengthening the economic ties among the UAE and Mexico. each international locations are eager on increasing personal-quarter partnerships and constructing upon current successes to free up new opportunities in numerous industries. moreover, Al Zeyoudi highlighted the importance of strengthening supply chains to aid mutual monetary boom and the established order of a alternate and funding hall that would facilitate deeper financial integration. at some point of the go to, Al Zeyoudi additionally met with Francisco Cervantes, President of the Confederation of industrial Chambers of Mexico (CONCAMIN), and José de Jesús Rodríguez Cárdenas, President of the countrywide Chamber of trade, offerings, and Tourism, to speak about the enlargement of personal-region relations. The conferences underscored the growing potential for multiplied collaboration among the 2 nations, with each facets exploring approaches to attract investment and guide corporations searching for to enlarge into new markets. The meetings with leading Mexican businessmen further solidified the commitment to advancing the economic partnership, with a shared vision for persevered growth and prosperity in both countries.
