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ASEAN members bolster trade with Mexican state

The ASEAN Committee in Mexico, comprising Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, joined hands with authorities of Mexico’s Yucatan state to arrange a business forum in Merida city on November 15.
ASEAN members bolster trade with Mexican state ảnh 1Representatives of the ASEAN Committee in Mexico attend the business forum (Photo: VNA)
Mexico City (VNA) – The ASEANCommittee in Mexico, comprising Indonesia, Malaysia, the Philippines, Thailand,and Vietnam, joined hands with authorities of Mexico’s Yucatan state to arrangea business forum in Merida city on November 15.

Speaking at the event, which drew theparticipation of nearly 100 businesses, Yucatan state’s Secretary of EconomicDevelopment and Labour Ernesto Herrera Novelo said the forum is useful topromote trade between Yucatan and members of the Association of the SoutheastAsian Nations (ASEAN) by providing information on the ASEAN market.

Chair of the ASEAN Committee in Mexico - IndonesianAmbassador Cheppy Tri Prakoso Wartono underlined potential cooperation betweenYucatan state and Mexico in general with ASEAN nations in the fields ofagriculture, manufacturing industry, information technology, investment,education and tourism.

Meanwhile, Vietnamese Ambassador NguyenHoai Duong described Mexico as a key market of ASEAN in Latin America. He addedthat with the Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP) which Brunei, Malaysia, Singapore and Vietnam and Mexicoare members of, ASEAN and Mexico’s trade will surge in the coming time.

Mexico is currently Vietnam’s third largesttrade partner in Latin America, while Vietnam is the eighth biggest Asian marketof Mexico. Two-way trade revenue reached more than 3.73 billion USD in thefirst eight months of 2019.

At the event, officials and firms ofMexico’s Yucatan state discussed cooperation opportunities with ASEAN membersto seek trade partners.

Earlier, Governor of Yucatan state MauricioVila Dosal hosted a reception for a delegation of the ASEAN Committee in Mexico, during which he highly valued potential for multifaceted cooperation withASEAN, particularly in economy, trade and investment./.
VNA

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