At the National Palace, President Enrique Peña Nieto received President of Singapore Tony Tan Keng Yam, currently on a state visit to Mexico, the first country in Latin America to be visited by a Singaporean head of state.
Both leaders agreed to promote political dialogue between the two countries, foster a close relationship between Southeast Asia and Latin America and the Caribbean, strengthen economic ties and promote the ratification of the Trans-Pacific Partnership (TPP).
Singapore is the logistical heart of Asia and a key country in the TPP, to which Mexico also belongs.
“The Transpacific Partnership Agreement provides us with a framework to expand, grow and strengthen trade relations between the member countries.”
The TPP brings together 12 countries with a population of nearly 820 million people; that is, almost 150 times the population of Singapore. It is the ideal framework for increasing trade.
Signing of three cooperation agreements:
1. Memorandum of Understanding between the Mexican Foreign Affairs Secretariat and the Singaporean Ministry of Foreign Affairs on International Development Cooperation.
2. Memorandum of Understanding between the Mexican Education Secretariat and the Singaporean Ministry of Education on Cooperation in the Field of Education.
3. Memorandum of Understanding on Agricultural and Food Cooperation between the Mexican Agriculture, Livestock, Rural Development, Fisheries and Food Secretariat and the Singaporean Agri-Food and Veterinary Authority.
These three instruments are designed to: promote academic exchanges for students, specialists and researchers from both countries; encourage technical and scientific cooperation in the agriculture, fisheries and promotion of agricultural development sectors; and undertake triangular cooperation projects to support the progress of Latin America, particularly in water resource management and urban planning.”
At the Mexico-Singapore Business Forum, held yesterday, Singaporean companies expressed interest in increasing their investments in Mexico, in the areas of tourism, aerospace, urban planning, ports and creative industries, among others.
Likewise, investment opportunities for Mexican companies were reviewed in areas such as medical equipment, marine products, energy, manufacturing, infrastructure, port services and tourism.
Mexico also offers to be a logistics center for the world, a strategic geographical point, connecting with Latin America and North America, which obviously establishes an important and privileged framework to expand relations between Singapore and Mexico.”
“In the dialogue I have had with the President of Singapore, we have agreed, within the framework of the 40 years of our diplomatic relations, to broaden relations between our countries, based on their competitive advantages and strengths and the level of development Singapore has achieved in recent years, and the competitive, preferential geographic location it has in the Southeast Asia region.”