Mexico, Singapore beef up cooperation ties hinh anh 1Singaporean President Tony Tan Keng Yam (Photo:

Mexico City (VNA) – Visiting Singaporean President Tony Tan Keng Yam and his Mexican counterpart Enrique Pena Nieto on June 10 witnessed the signing of a number of cooperation agreements between the two countries across the fields of agriculture and education.

The two leaders also issued a joint statement, highlighting their determination to promote bilateral multifaceted relations, especially in economy, after the Trans-Pacific Partnership deal takes effect.

They also agreed to enhance connection between the Southeast Asian and Latin American-Caribbean regions through bilateral cooperation.

The Mexican President said that the inked agreements between the two countries’ enterprises on June 9 will put forth two-way trade, noting Singaporean businesses can land investment in the North American country in such potential spheres as tourism, aerospace industry, urban planning, seaport and aviation, and innovative industry.

Meanwhile, President Tony Tan Keng Yam said Mexico’s mechanism reforms will contribute to strengthening collaboration between the two sides.

Mexico and Singapore set up their diplomatic ties in December 1975. Singapore is currently the third largest Asian-Pacific investor and the 18 th biggest global investor in Mexico.

During 1999-2015, Singaporean enterprises invested over 1.6 trillion USD in energy, electronics, construction and hotels in the North American nation.-VNA