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.
Two Mexican business delegations will visit Vietnam this November and in February 2016 to study investment and cooperation opportunities.
