The Secretaries of Foreign Affairs, Claudia Ruiz Massieu;
Energy, Joaquín Coldwell; and Economy, Ildefonso Guajardo; and government
spokesman Eduardo Sánchez gave a press conference in Los Pinos to discuss the
The purpose of the tour is to strengthen Mexico's bilateral
relations with these countries, promote economic cooperation and exchanges with
the Arabian Peninsula, attract new
investment and deepen the political dialogue. At the press conference, the
foreign secretary also said that the “bilateral legal framework would be
enhanced in each case to provide a solid foundation that gives certainty to Mexican
investments in these countries and investment from these countries in Mexico."
These four countries have a geostrategic importance: they have a population of nearly 50
million people and important energy resources. They produce a third of the
world's oil, account for 65% of proven oil reserves and 40% of natural gas reserves
in the world. They also have some of the largest sovereign funds in the world with
enormous economic and cooperation
potential for Mexico.
This historic tour will give an unprecedented boost to Mexico's
relationship with the region. It is the first State visit by a Mexican
president to the United Arab Emirates and Qatar; and the first State visit in
more than 40 years to Saudi Arabia and Kuwait.
instruments will be signed in areas such as trade and economy; education,
culture, science and technology; sports and tourism. The trip will also open
new horizons for Mexico in the energy sector.