The Secretary of
Economy, Ildefonso Guajardo Villarreal, and the Minister of Commerce and
Industry of the Czech Republic, Jan Mládek, participated in the "Business
Day Mexico-Czech Republic" organized by ProMéxico, the Mexican Business
Council for Foreign Trade, Investment and Technology (COMCE, by its initials in
Spanish) and the Embassy of the Czech Republic in Mexico.
At this business conference,
the Secretary Guajardo Villarreal and the Minister Mládek, witnessed the
signing of instruments to promote greater economic and trade links between the
- Memorandum of Understanding, signed by Enrique de la Madrid, Director
General of the National Bank of Foreign Trade (Bancomext, by its initials in
Spanish) and representatives of the Company of Guarantees and Insurances of
Credit for Exports (EGAP, by its initials in Czech), to promote the bilateral
trade and investment through the cooperation between the two institutions
- Agreement on Cooperation and Friendship, signed between the COMCE and
the Confederation of Industry of the Czech Republic (SP ČR) to establish direct
contacts between the companies of both countries and seize business
At the end of the
event, the Secretaries held a private meeting to review the status that keep
the trade relations and investment between Mexico and the Czech Republic, and
discussed the importance of modernizing the trade pillar of the Global
Agreement between Mexico and the European Union (FTA, in Spanish) to deepen the
bilateral economic ties.
The Minister Mládek
confirmed the interest of his country to start negotiations this year. After
the meeting, the Secretaries welcomed the Czech business mission which attended
the business day.
incorporation of the Czech Republic to the European Union (EU), the bilateral
trade increased by 14, going from 93.3 million dollars in 2003, to 1,334
million dollars in 2014.