City, 15 January, 2016
Enrique Peña Nieto will made a working trip to the Arabian Peninsula from 17 to
21 January, which will include State visits to Saudi Arabia, United Arab Emirates,
Kuwait and Qatar. The aim is to promote the attraction of capital, boost growth,
productivity and prosperity of Mexico, and publicize policies for the
implementation of reforms in the economic, educational, cultural, energy and
presidential entourage will be integrated by the Secretary of Foreign Affairs,
Claudia Ruiz Massieu; the Secretary of Energy, Pedro Joaquín Coldwell; the Secretary
of Economy, Ildefonso Guajardo Villarreal; the Secretary of Education, Aurelio
Nuño Mayer, and the Secretary of Communications and Transport, Gerardo Ruiz
Esparza, apart from other senior officials and a large delegation of Mexican
a press conference, Eduardo Sánchez Hernández, Coordinator of Social
Communication and Spokesman of the Government of the Republic, said that Mexico
comes itself as the country of new opportunities for global investment and this
visit will enable promoting political relations, investments, tourism, the
projection of Mexican culture and its values as well as open new horizons in
the energy sector.
turn, the Chancellor Claudia Ruiz Massieu stressed that this visit will give an
unprecedented boost in our relations with this important region; it will allow
to multiply trade and productive investments, promote tourism, strengthen
educational, scientific and technological cooperation, and project the Mexican
culture in an area of the world that is becoming increasingly important.
explained that this is the first time a Mexican president visits the United
Arab Emirates and Qatar, since the establishment of diplomatic relations with
these countries in 1975. It will also be the first visit by a Mexican president
to Saudi Arabia and Kuwait in just over 40 years.
said that the Persian Gulf countries have geostrategic importance and great
economic potential and cooperation with Mexico, because they have concentrated important
energy resources (65% of proven oil reserves and 40% of natural gas reserves,
globally), plus having some of the world's largest sovereign wealth funds.
his part, the Secretary of Energy, Pedro Joaquín Coldwell said that, in the
context of the tour, the Energy Reform promoted by President Enrique Peña
Nieto, results in reinforcing the inclusion of Mexico in the global economy
through the increased presence of foreign investment to generate jobs and an
exchange of goods and services in the industry as: consultants, technology,
finance, transparency and accountability practices, as well as the
strengthening of academic and scientific relations and cooperation on clean
said that the four Gulf countries produce a third of the worldwide oil, totaling
a production of 16.8 million barrels per day and have proven reserves that reach
491 billion barrels, and in addition to its traditional oil vocation, they make
major investments to move towards the green energies.
explained that the countries that comprise the tour of the Middle East have
Sovereign Wealth Funds, which finance productive projects and infrastructure in
several countries, which represents for Mexico an opportunity to attract
investment in the new financial instruments that the Secretariat Finance and
Public Credit (SHCP) has created, such as the FIBRA-E.
stressed that business forums and roundtables for investors, representatives of
investment funds and energy companies in the Persian Gulf, where Mexico will
present energy projects and investment opportunities will be conducted. He
explained that in Abu Dhabi, President Enrique Peña Nieto will be the keynote
speaker for the Week of Sustainability "World Summit on the Future
Energy", which is the most important event on renewable energies and
efficiency of the entire Middle East, apart from being a platform for the
exchange of ideas, projects and experiences, where participate exhibitors from
over 50 countries and attend by more than 2000 investors and industry experts.
also reported that in this Emirate, a working visit to the city of Masdar will
take place, which is fully planned and built to be sustainable, plus it houses
the largest Institute for Research in Renewable Energy in the region; while in
Saudi Arabia a special event to promote investments in Mexico, under the
International Energy Forum, which groups 74 member countries, representing
about 90% of the supply and consumption of gas and oil in the world, will take
Secretary of Economy, Ildefonso Guajardo Villarreal said that the presidential
trip to the Middle East aims to open new markets, attract investment and sign
cooperation agreements to strengthen the relations with Arab Emirates, Saudi
Arabia, Kuwait and Qatar.
said that in the four nations will be held business forums to position the
opportunities Mexico offers to entrepreneurs, in which new investment trends
will be addressed. President Enrique Peña Nieto will take part in these forums.
said that in Saudi Arabia a memorandum of technical cooperation on norms and
standards to facilitate exports will be signed, while in the United Arab
Emirates, an Agreement on the Promotion and Reciprocal Protection of
Investments (BIT) will be signed.
reported that, within the framework of the World Economic Forum in Davos,
President Enrique Peña Nieto will meet with President of Switzerland, Johann
Schneider-Ammann, and representatives of the European Free Trade Association
(EFTA) to witness and testify the modernization and deepening of the free trade
that Mexico has with its member countries.
program of activities of the President of the Republic, includes meetings with
their counterparts and with the highest authorities of the four countries. It stresses
its participation in the International Energy Forum, based in Riyadh, and will
be the keynote speaker at the opening ceremony of the World Summit on Future
Energy in Abu Dhabi, considered one of the most important meetings on energy.
also will visit the Masdar Institute of Science and Technology, developed in
collaboration with the Massachusetts Institute of Technology (MIT). The Masdar
Institute is the first graduate institution in the world dedicated to research
on renewable energies and sustainability.
part of every state visit, business forums will be held, which will help
position Mexico in these markets, promote investment and increase trade.
instruments of economic, commercial, tourist, technical-scientific, educational
and cultural cooperation, among which are the BIT with the United Arab Emirates
and the Air Services Agreements with Saudi Arabia and Kuwait will be also
signed. These instruments are crucial to complete the bilateral legal framework
which aims to serve as a solid foundation for cooperation and to provide
certainty to investors of both parties.
presence of President Enrique Peña Nieto in these countries, will allow Mexico to
be positioned in the Middle East market with high purchasing power, will promote
our country as a reliable investment destination and will expand the bilateral
cooperation with four major Arab economies.
the working visit of the President of Mexico to Saudi Arabia, the UAE, Kuwait
and Qatar will contribute decisively to strengthen the dialogue at the highest
level with the authorities of these countries; to position Mexico in new
markets; to promote the country as a reliable destination for investments of
various kinds, and strengthen the bilateral cooperation in all areas. Also,
this tour will generate initiatives to consolidate Mexico as the gateway to the
Gulf Arab countries in Latin America, and strengthen the macro aim to turn our
country into a global player with responsibility and leadership.
his visit to the Arabian Peninsula, the President will travel to Davos,
Switzerland, from 20 to 23 January to participate in the World Economic Forum
(WEF). During his stay in Switzerland, the Mexican president will have
bilateral meetings with various heads of state and world leaders.