Videgaray: Mexico Seeks to Bolster Trade with China Xinhua
go to original January 31, 2017

China and Mexico: A Forced Friendship (Seeker Daily)

Mexico seeks to continue strengthening comprehensive ties with China and attract investment in the coming years, Foreign Affairs Minister Luis Videgaray said on Monday.

"We want to attract investment and continue to strengthen our ties with China in a comprehensive way," Videgaray told senators from the ruling Institutional Revolutionary Party (PRI).

At the meeting in the Senate, Videgaray said Mexico has already taken steps to enhance trade ties with other Latin American countries, as well as those in Europe, Asia and Africa, given the changing global landscape marked by U.S. President Donald Trump.

"Regarding China, we have to remember that it is a country with which we have elevated our relationship, the character of our comprehensive strategic partnership, and we are seeing an increase in the flow of trade," said Mexico's top envoy.

While Mexico's most trade with China is in the form of imports, "our exports are also growing," noted Videgaray.

Trump recently withdrew the United States from the Trans-Pacific Partnership (TPP), a trade deal among more than 10 countries, including Mexico, which will look to expand trade with other signatories of the TPP, said the official.

"We are already in talks" with South Korea, he said.

Read the rest at Xinhuanet

Related: $212 Million Deal to Make Chinese SUVs in Hidalgo, Mexico (Associated Press)

Related: China Could Deepen Car Industry Ties with Mexico Following Ford’s Decision (Global Times)

Related: How China Can Win as America Turns Inward (Newsweek)

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