· Mexico is reinforcing its strengths by achieving proper implementation
of structural changes, opening itself up to the world and encouraging investors
to visit, he said.
· It has economic stability and a strong, sound financial system, he
· Let Qatari and Mexican businessmen unite to undertake partnerships and
joint projects to benefit the economies of both countries: President of the Qatar Chamber of Commerce and
At the close of the Mexico-Qatar Business Forum, President, Enrique Peña
Nieto said that the agreements signed during the State Visit to the Arab nation
are designed to modernize the regulatory framework signed between the two
countries to enhance, stimulate and lend greater vitality to relations between
Qatar and Mexico.
In the presence of President of the Chamber of Commerce and Industry of
Qatari Sheikh Khalifa Bin Jassim Bin Mohammed Al Thani; Minister of Energy and
Industry Mohammed Bin Saleh Al Sada; and Sheikh Faisal Bin Qassim Al Thani,
Chairman of the Qatar Business Association, the Mexican president invited
Qatari businessmen to visit our country and discover the investment
opportunities it offers.
Mexico, he said, is undergoing a process of transformation. It is
growing and “has now become an engine of economic development in Latin America,
as the second largest economy in the region after Brazil.”
He said that Mexico is
reinforcing its strengths by, “Achieving the proper implementation of
structural changes, opening itself up to the world and encouraging investors to
During this historic first state visit by a Mexican President to Qatar,
the president expressed his hope that, “This will not only lend a new impetus to
the relationship of friendship and brotherhood between our nations, but above
all, open more spaces for rapprochement and meetings between our
He said that in the context of the relationship, “We built and
established 40 years ago, I now think there is a great opportunity to lend it
greater impetus; to accelerate and find greater opportunities for investment
between businessmen from both countries, and for this to contribute to creating
jobs and opportunities for our people.”
He also hoped that they will participate, “In the development of the
infrastructure projects we are promoting in Mexico” and exploit the competitive
advantages of the structural changes currently being implemented.
The Mexican president explained that sectors in Mexico that were
previously closed to participation and private sector investment have now been
opened, such as the telecommunications and energy sectors.
He explained that in the energy sector, Qatar is a country with enormous
experience: many investments are a result of its productive
capacities in this sector. It is also introducing innovations to shift to the
generation of clean energy, “As we wish to do in Mexico.”
This sector is now open and determined to receive domestic and foreign
investment that enhances this area of our economy in our country and there will
be opportunities for those who wish to invest in Mexico," he said, after
stating that the new framework of agreements between the two nations “Which we
will be updating with His Excellency the Emir of Qatar, will provide scope for
you to participate and invest.”
He said the purpose of having the presidents or chairmen of the main business chambers of Mexico lead the
business delegation that is part of this visit to the Arabian Peninsula is to
visualize opportunities for small, medium and large companies so that they can
have better relations, and leverage the advantages Qatar is projecting to the
rest of the world.
He said that although the scenario for the global financial sector is
currently complex, volatile and uncertain: “It is also true that these
scenarios and this rapprochement provide us with the possibility of finding
opportunities for our entrepreneurs, to bring our nations closer and enable
them to take advantage of the opportunities both countries offer our
entrepreneurs; and for this to serve as a platform and a means to further
advance the development, prosperity and well-being of our societies.”
Highlighting the strengths and competitive advantages that distinguish
Mexico in the world, such as its location as a link with North and Latin
America, he said it is also a bridge with European countries, “With whom we
have signed FTAs trade and also with the Asia-Pacific region.”
He said that as a result of this condition, our country has promoted its
greatest strengths: “We have economic stability, a robust, solid
financial system; we have been achieving levels of economic growth over the
past five years of an average of 3.3 percent, which, although this is a long
way from our growth potential, I am sure the global scenario will allow us to
achieve higher levels of growth.”
These growth levels, he said, “Contrast with the scenarios of other
countries in similar conditions in the region, with economic slowdown and
negative growth, while Mexico is seeing positive growth.”
He added that this is a country with a predominantly young population
with an average age of 27 years, which is in itself a great strength. “It gives
us a demographic bonus, a competitive advantage and moreover, Mexico graduates
100,000 engineers and technologists every year.”
President Peña Nieto also highlighted the various free trade agreements
Mexico has signed, “Giving us preferential access to a consumer market of over
1.15 billion people.” We are a country that has evolved as regards the development of its
industry, which now generates products
with increasingly high added value,” he explained.
He recalled that in the past, in the 1980s, just 30 years ago, Mexico
was a predominantly oil and commodity producing and exporting country, which
accounted for 80 percent of exports. “Nowadays, the situation has been reversed. Today 89 percent of our exports are manufactured
goods with high added value.”
He explained that in electrical products, televisions, flat screens,
refrigerators and appliances, “We are among the world’s leading producers; we
are the seventh largest automobile producer in the world and the fourth largest
“This is how we have evolved, this is how we have achieved less
dependency on our raw materials, particularly petroleum to generate an industry
that now competes with the world and allows us to export our products to
different countries,” he added.
The Mexican President stated: "On the basis of these strengths, we want to find opportunities to
enhance and expand the level of trade we conduct with Qatar and the whole of
the Arabian Peninsula.”
He mentioned the strategic vision shared by Mexico and Qatar to adapt to
global change and the global dynamics that today the world is experiencing;
and, above all, to “promote new technologies, innovation, development and
economic growth precisely by leveraging the opportunities provided by a global
We are sure, he said, “That this apparent geographical distance between
Mexico and this region of the world can be overcome if we get to know each
other better, if we manage to make Mexico aware of this region which is
experiencing growth and development, as we have seen, and we also widely
commend the efforts Qatar has made to project itself at this level of
SIGNING OF AGREEMENTS
Subsequently, President Peña Nieto visited the Palace of the Emir of
Qatar, Sheikh Tamim Bin Hamad Al Thani, for the Welcome Ceremony at which the
national anthems of the two countries were played and a bilateral meeting was
held between the two dignitaries.
After the meeting, the Mexican president and Qatari Emir witnessed the
signing of various instruments of cooperation and memoranda of understanding,
1. Letter of Intent between the Mexican Ministry of
Foreign Affairs and the Qatar Foundation for Education, Science and Community
2. Cultural and Artistic Cooperation Agreement between
the Government of Mexico and the Government of Qatar.
3. Cooperation and Exchange of News Agreement between
the Mexican State News Agency and the Qatari News Agency.
4. Memorandum of Understanding on Cooperation in the
Energy Sector between the Mexican Ministry of Energy and the Ministry of Energy
and Industry of Qatar.
5. Cooperation Agreement in the Field of Education
between the Government of Mexico and the Government of Qatar.
6. Memorandum of Understanding on Cooperation in the
Field of Physical Culture and Sports between the Mexican National Commission of
Physical Culture and Sports and the Ministry of Youth and Sports of Qatar.
7. Memorandum of Understanding between ProMéxico and
the Supreme Committee of Supply and Heritage for the Promotion of Mexican
Companies Supplying Products and Services for the 2022 Qatar World Cup.
Earlier, during the Mexico-Qatar Business Forum, the following memoranda
1. Memorandum of Understanding between the National
Bank of Foreign Trade and Doha Bank.
2. Memorandum of Understanding between the National
Bank of Foreign Trade and Qatar National Bank.
3. Memorandum of Understanding between the National
Bank of Foreign Trade and Commercial Bank of Qatar.
WE HAVE ECONOMIC POTENTIAL IN BOTH COUNTRIES WE
MUST LEVERAGE FOR THE SAKE OF OUR POPULATION: JEQUE KHALIFA BIN JASSIM BIN MOHAMMED AL THANI
Sheikh Khalifa Bin Jassem Bin Mohammed Al Thani, President of the
Chamber of Commerce and Industry of Qatar, said that relations between the
State of Qatar and Mexico are very special and have raised high expectations. “We have economic potential in both countries we
must leverage for the benefit of our population,” he declared.
He said that the economy of both countries is growing continuously and
creates potential business opportunities and advantages that will enable Mexican
and Qatari entrepreneurs to expand cooperation.
He declared that the presence of President Peña Nieto is an incentive
for Qataris to discover and explore Mexico, especially in the food and energy
Declaring that the Chamber of Commerce and Industry welcomes all Mexican
businessmen, he said that there are sectors in the Qatari market that are open
for them. “Let
businessmen in both countries unite to undertake partnerships and joint
projects in Qatar or Mexico, to benefit the economies of both countries,” he