Page 656 - MOE ENGLISH PR REPORT - JANUARY 2025
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1/21/25, 2:34 PM UAE, Mexico continue to strengthen trade, investment ties
officials and business leaders opportunities to increase collaboration and build new
partnerships between the two countries.
In the presence of Salem Rashid Al Owais, the UAE Ambassador to Mexico, Al
Zeyoudi held bilateral meetings with Juan Ramon de Lafuente, Minister of Foreign
Affairs, and Marcelo Ebrard Casaubon, Minister of Economy.
During the meetings, prospects for increased cooperation in sectors of mutual
interest were discussed, along with strategies to further increase non-oil trade,
which has seen sustained growth between the two countries in recent years.
In 2023, non-oil trade between the UAE and Mexico increased by 20.8 percent 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 percent
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.
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