ASEAN keen on bolstering trade, investment with Mexico

A delegation of the ASEAN Committee in Mexico City (ACMC) paid a working visit to Guanajuato state, aiming to bolster trade and investment.
ASEAN keen on bolstering trade, investment with Mexico ảnh 1The ACMC delegation joins a session with Governor of Guanajuato Diego Sinhue Rodríguez Vallejo. (Photo: VNA)
Mexico City (VNA) - A delegation of the ASEAN Committee in Mexico City (ACMC) paid a working visit to Guanajuato state, aiming to bolster trade and investment.

The delegation, comprising representatives from Indonesia, Malaysia, the Philippines, Thailand and Vietnam, joined working sessions with leaders of Guanajuato and Irapuato cities regarding economic development, foreign trade, tourism and education.

Governor of Guanajuato Diego Sinhue Rodríguez Vallejo and local leaders spoke highly of cooperation possibilities across all fields with ASEAN, particularly economic development, trade, investment and tourism, which are expected to help the state in particular and Mexico in general diversify export markets and attract foreign investment.

Malaysian Ambassador to Mexico Muzafar Shah Mustafar, who is rotating chair of the ACMC, underlined bilateral cooperation potential in manufacturing, information technology, investment, education, tourism and logistics, affirming that ASEAN serves as a gateway for Mexican products to penetrate the Asian market.

Vietnamese Ambassador Nguyen Hoanh Nam said that Mexico is among important markets of ASEAN in Latin America, calling on enterprises to bolster connectivity and capitalise on advantages brought by free trade agreements, especially the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). 

Mexico and its localities’ economic cooperation, trade and investment chances with ASEAN were tabled at the ASEAN-Guanajuato business forum, which saw the attendance of 100 local businesses.

Statistics by the Mexican Secretariat of Economy showed that trade between Mexico and Indonesia, Malaysia, the Philippines, Thailand and Vietnam surpassed 28 billion USD in 2021./. 
VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.