UAE keen to boost trade relations with MexicoStaff Writer | March 28, 2017
Sultan Bin Saeed Al Mansoori, Minister of Economy, received Francisca Elizabeth Mendez Escobar, Mexico’s new Ambassador to the UAE, with whom he discussed ways to enhance cooperation in a number of priority areas for both countries.
Cooperation A number of priority area
The two sides affirmed the importance of strengthening cooperation in the aviation sector because of its direct impact on the availability of broader trade and tourism opportunities.
Al Mansoori said that the UAE is committed to further strengthening trade and economic relations with Mexico and maximizing the potentials of their partnership.
He noted that their bilateral foreign trade has been growing significantly, with their non-oil trade in particular exceeding USD 1 billion inclusive of trade in the free zones during the first nine months of 2016.
He added that the recent visit of the delegation to Mexico last November highlighted a number of promising sectors for future partnerships and joint investments between the two countries, most notably agriculture, food and tourism – the latter of which he noted has strong potential for achieving significant growth in the next phase.
Eng. Al Mansoori further emphasized that practical steps should be taken to reinforce cooperation in the aviation sector which he explained will have a direct impact on establishing linkages and promoting advanced levels of trade and tourism exchange.
He added that the two sides can cooperatively explore many other promising markets in the Arab region and in Latin America. ■