Vietnam-Mexico friendship, cooperation thriving
Hanoi (VNA) - The friendship and cooperation between Vietnam and Mexico have been continually developing since the two countries established diplomatic ties on May 19, 1975.
The two governments recently decided to step up measures to improve the bilateral cooperation framework towards a comprehensive partnership for the interests of the two countries as well as peace and stability in the region.
Mexico
is now Vietnam’s third-largest trade partner in Latin America, while Vietnam is
Mexico’s eighth-largest export market in Asia-Pacific.
Two-way
trade has grown 10-15 percent annually over the last decade and surpassed 6
billion USD in 2019.
The
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) opens
up a new horizon for the business communities of Vietnam and Mexico.
Mexican
Ambassador to Vietnam Sara Valdés Bolaño said
Vietnam opened its embassy in Mexico in 1975 and the following year the Mexican
Embassy was opened in Hanoi.
In its early years, Mexico joined Vietnam’s efforts in
national reconstruction through cooperation in many areas such as maize
variety research and development, training for Vietnam in oil and gas technology, and
agriculture, she said.
A bilateral political consultation mechanism was
established in 2002, enabling the two sides to identify priorities and
directions in bilateral relations, she added./.