Vietnamese and Mexican enterprises should take full advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to promote bilateral trade and investment, according to insiders.
There's a lot of room for closer ties in the agriculture and seafood sectors between Vietnam and Mexico, especially thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a meeting heard in Hanoi on October 22.
A business cooperation forum was held in the western state of Jalisco, the second biggest economic centre of Mexico, on April 11 and 12 to foster its multifaceted relations with ASEAN countries, particularly in trade, investment, education and tourism.
The Government and firms of Mexico see Vietnam as a potential market among members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Experts have stressed that the Asia-Pacific Economic Cooperation (APEC) forum plays an increasingly important role in ensuring a global system of free, open and equal trade amid rising protectionism.
APEC has created a free trade area and enhanced regional integration and globalization, said Sergio Ley Lopez from the Mexican Entrepreneurial Council for Foreign Trade, Investment and Technology.
Over 65 percent of tariff lines will be lowered to zero for the products Vietnam imports from Mexico, right after the TPP becomes effective, stated Vietnam's Ambassador to Mexico Le Linh Lan.
A new headquarters for the Vietnamese Embassy’s trade office in Mexico was opened in Polanco district, Mexico City, on June 16 to promote trade and economic links between Vietnam and other countries.
Vietnam joined several ASEAN countries in organising an ASEAN Economic Forum to promote economic cooperation between the Association of South East Asian Nations (ASEAN) and Mexico.
A seminar on experiences in doing business with Vietnam opened on Nov.
23 in Mexico, with the participation of representatives of enterprises
from both countries.
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