President of Mexico Enrique Peña Nieto welcomed President of Singapore Tony Tan Keng Yam, who paid a state visit to Mexico from June 7-11 2016, the first by a president of Singapore to Mexico and Latin America.

”Today I wish to offer the warmest welcome to His Excellency the President of Singapore, as I already had the opportunity of doing during our bilateral meeting.

Singapore is a country which, in the past 25 years, has achieved a level of development that has become a benchmark for worldwide success. Few economies have achieved such swift, successful development.

It is the logistical heart of Asia. It is a key country in the Trans-Pacific Partnership Agreement (TPP), to which Mexico also belongs. Today, it is one of the countries with the highest GDP per capita and one of the world’s main financial and logistics centers.

Mexico-Singapore Agreements Three instruments with clear objectives were signed:

  • 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.
  • Develop triangular cooperation projects, to support progress in Latin America, particularly as regards the management of water resources 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.

 Investment opportunities for Mexican companies were reviewed in areas such as medical equipment, marine products, energy, manufacturing, infrastructure, port services and tourism.

"We have agreed, as part of the 40 year celebration of our diplomatic relations, to broaden relations between our countries, based on the competitive advantages and strengths of our two countries.

It is time to take a qualitative step forward in the level of relations we have between Singapore and Mexico.”