Doing Business In Mexico

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News 10

David Cameron launches charm offensive in Mexico

David Cameron launched a one-day charm offensive in Mexico City in a bid to boost British business interests in Mexico, the second largest economy in Latin America, pointing out Mexico will be one of the world's five largest economies by 2050. Britain currently supplies less than 1% of Mexico's imports.

The prime minister's trade minister Lord Green also admitted that Britain for many years had got its priorities wrong by focusing excessively on Brazil at the expense of Mexico. Britain and Mexico have signed an agreement to try to double trade by 2015 to £4.2bn.

Cameron was in Mexico City to hold talks with outgoing President Felipé Calderon who had just completed the arduous task of chairing the G20 Summit in Los Cabos, a two-hour flight away on the Pacific coast. The two men made brief statements to the press in the overcast gardens of Los Pinos, the Presidential residence, vowing to strengthen commercial links.

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Source - http://www.guardian.co.uk/

 

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