The ASEAN Committee in Mexico City (ACMC) on June 22 held a trade – investment forum in Mexico to promote trade between the bloc and the second largest economy in Latin America.
The ASEAN Committee in Mexico City (ACMC) holds a trade – investment forum in Mexico on June 22 (Photo: VNA)
Mexico (VNA) - The ASEAN Committee in Mexico City (ACMC) on June 22 held a trade – investment forum in Mexico to promotetrade between the bloc and the second largest economy in Latin America.
In his speech, José Miguel Echave, Director of EconomicDiplomacy at the Mexican Ministry of Foreign Affairs, said the forum offers avenue for policymakers and businesses in ASEAN and Mexico to seek opportunitiesfor strengthening business-investment cooperation, especially in new areas suchas renewable energy and digital economy.
Echave spoke highly of ASEAN's outstanding socio-economicachievements over the past decades, attributing these to the effective economicdevelopment strategy and stable political environment, as well as the solidarity amongASEAN member nations.
He stressed that many ASEAN countries are importanteconomic partners of Mexico.
Vietnamese Ambassador Nguyen Hoanh Nam briefed participants on Vietnam’s economic, trade and investment achievements over its 36-yearrenewal process, saying that the country has recorded impressive economicindicators, with the total import-export turnover hitting 732 billion USD and GDPexpanding by 8.02%.
He called on businesses of the two nations to strengthenconnectivity and fully tap the advantages brought by free trade agreements(FTAs), especially theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement.
According to the diplomat, Mexico is nowVietnam's second-largest trading partner in Latin America, while Vietnam isMexico's eighth most important import-export market in Asia and the 12th in the world.
Participants touched upon the strengths as well as policies of eachcountry to attract investment.
Ambassadors of ASEAN member nations affirmed that there are great opportunitiesfor strengthening cooperation between ASEAN and Mexico as the two sides share similaritiesin economic development policies and foreign investment attraction./.
The embassies in Mexico City of five ASEAN member countries - Vietnam, Indonesia, the Philippines, Malaysia and Thailand –have coorganised an event to promote the image of ASEAN countries and people.
Vietnamese Ambassador to Mexico Nguyen Hoai Duong on January 16 assumed position of Chair of the ASEAN Committee in Mexico City (ACMC), replacing Philippine Ambassador Demetrio R.Tuason.
The ambassadors of Thailand, Indonesia, the Philippines and Malaysia in Mexico have lauded the role that Vietnam took as the Chair of the ASEAN Committee (ACMC) in Mexico in the first half of this year in strengthening the partnership between the grouping and the host country.
An online conference was held in Mexico City on April 7 to explore trade and investment cooperation between Mexico and ASEAN, drawing nearly 100 participants from Mexico, Vietnam, Thailand, Indonesia, Malaysia and the Philippines.
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.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
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.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
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.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
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).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
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).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
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.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
The ASEAN Committee in Mexico City (ACMC) holds a trade – investment forum in Mexico on June 22 (Photo: VNA) 
