On June 17, Mexico and Sweden held their seventh meeting for political consultations. The videoconference was led by the Undersecretary for Foreign Affairs, Amb. Carmen Moreno, and the State Secretary for Foreign Affairs of Sweden, Robert Rydberg.
The two countries have strong ties, which were reaffirmed in 2020 with the celebration of the 135th anniversary of diplomatic relations. The two officials reviewed bilateral issues and agreed to join forces to increase trade and investment, and to promote technical and scientific cooperation in priority sectors that allow for a sustainable recovery after the COVID-19 pandemic. They also agreed on the importance of a modernized Mexico-European Union Global Agreement, and they discussed the political situation in the two regions. They also agreed to seek ways to increase cooperation on the Comprehensive Development Program with Central America, in order to address the causes of migration.
Mexico's feminist foreign policy was highlighted. This is an area pioneered by Sweden that opens up possibilities for exchanges, a deeper dialogue and coordinated action. The two officials committed to collaborating on global issues such as gender equality, human rights, conflict prevention and resolution, and the 2030 Agenda.
Sweden is Mexico's 14th largest trading partner in the European Union, with trade of almost one billion dollars, and the 16th-ranked investor in Mexico. Sweden's cumulative foreign direct investment in Mexico as of December 2020 is USD2.572 billion from 310 companies.
