Wednesday 4 September 2013

China-Mexico relationship has entered a new phase

 Chinese President Xi Jinping met here on Wednesday with his Mexican counterpart Enrique Pena Nieto on the sidelines of the Group of 20 (G20) summit to be held on Sept. 5-6.
China and Mexico should focus on expanding two-way investment and deepening cooperation in economy, trade and infrastructure, Xi noted.
The two governments should create better conditions for investment and market access in each other's country, the Chinese president said, adding that he hopes both sides will speed up negotiations on setting up a China-Mexico investment fund.
The Mexican side appreciates China's efforts to promote bilateral cooperation, and attaches great importance to developing a positive and stable relationship with China, Pena Nieto said.
Mexico hopes to expand two-way trade with China and will take steps to improve market access for Chinese goods in Mexico, Pena Nieto said, adding that his country welcomes more Chinese investment in its infrastructure and other sectors.
Mexico is willing to play a positive role in boosting China-Latin America relations, Pena Nieto said.
The two leaders also exchanged views on the upcoming G20 summit, vowing to coordinate actions, ensure a fruitful summit, safeguard the momentum of the world economic recovery, and increase the voice and influence of emerging economies in global economic governance.
Following their meeting, Xi and Pena Nieto witnessed the signing of a memorandum of understanding of establishing a high-level intergovernmental working group on investment.

Source: Xinhua

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