UAE and Mexico Deepen Economic Ties with New Investment Agreements
Economy

UAE and Mexico Deepen Economic Ties with New Investment Agreements

During a high-level visit to Mexico City, the UAE and Mexico signed several economic and investment cooperation agreements, taking a significant step towards boosting bilateral relations. The Emirati team was led by His Highness Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s Deputy Prime Minister and Minister of Foreign Affairs, who conducted detailed negotiations with Mexican officials.

During his meeting with Mexico’s Secretary of Foreign Affairs, Juan Ramón de la Fuente, Sheikh Abdullah addressed ways to improve partnership in trade, investment, and energy. Both presidents highlighted their commitment to achieving development goals and promoting equitable and sustainable economic growth.

Sheikh Abdullah also met with Mexico’s Secretary of Economy, Marcelo Ebrard, where they discussed extending cooperation in innovative technologies and food security. Several significant agreements were formally signed, including a Memorandum of Understanding between the UAE Ministry of Investment and Mexico’s Secretariat of Economy.

Another agreement was signed by the UAE Federation of Chambers of Commerce and Mexico’s Business Council for Foreign Trade to form a joint business council. The terms of reference for establishing a Comprehensive Economic Partnership Agreement were also inked, signalling the start of more robust commercial relations.