Page 622 - MOE ENGLISH PR REPORT - JANUARY 2025

1/21/25, 2:17 PM UAE and Mexico to further boost trade ties
increased by 20.8% to US$2.6 billion, compared to US$2.1 billion in 2022. The positive trajectory
continued in the first ten months of 2024, rising to US$2.2 billion, a 1% increase compared to the
same period in 2023.

In his meeting with the Mexican Minister of Economy, Al Zeyoudi discussed how to encourage and
support private-sector partnerships between the two countries in sectors such as agriculture, industry,
services, infrastructure, and tourism.

They also discussed strengthening supply chains to serve their mutual interests and support joint
economic growth.

Al Zeyoudi emphasized the shared commitment between the UAE and Mexico to continue
strengthening trade and investment flows in line with the ambitious economic goals of both nations
and highlighted the potential for economic integration through the establishment of a trade and
investment corridor.

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