Bangladesh–Mexico relations

Bangladesh–Mexico relations

Bangladesh
Mexico

Bangladesh–Mexico relations refers to the bilateral relations between Bangladesh and Mexico. Both nations are members of the United Nations and the World Trade Organization.

History

President Abdus Sattar attending the North–South Summit in Cancun; 1981.

Diplomatic relations between the two countries were officially established on 8 July 1975, four years after Bangladesh obtained its independence from Pakistan.[1] In 1981, Bangladeshi President Abdus Sattar paid a visit to Mexico to attend the North–South Summit in Cancun.[2] In July 2012, Bangladesh opened a resident embassy in Mexico City.

Bangladesh and Mexico have expressed mutual interest in expanding the bilateral economic activities between the two countries.[3][4] In 2011, a business delegation from Bangladesh paid a visit to Mexico aimed at exploring potential fields for bilateral trade and investment.[5] In 2013, Bangladesh and Mexico signed an Agreement on Mutual Administrative Assistance in Customs Matters to curb smuggling and mis-declaration and to facilitate bilateral trade.[6] Climate change and poverty alleviation have also been identified as potential areas for bilateral cooperation between the two countries.[7]

Trade

In 2017, two-way trade between both nations amounted to $274.7 million USD.[8] Bangladesh's main exports to Mexico include cotton, textiles and shoes. Mexico's main exports to Bangladesh include medicine, beer and tequila.[8] In 2016, Mexican multinational company Cemex, sold its operations in Bangladesh to Siam Cement Group.[9]

Resident diplomatic missions

References

  1. ↑ "MEexico Mourns the Death of Bangladesh President Mohammed Zillur Rahman". MINISTRY OF FOREIGN AFFAIRS, MEXICO. Retrieved 18 January 2014.
  2. ↑ Recordando: Cumbre Norte Sur en 1981 (in Spanish)
  3. ↑ "Bangladesh, Mexico can cooperate in new areas". The Daily Star. Retrieved 18 January 2014.
  4. ↑ "BD mission in Mexico to help boost cooperation: Mexican President". UNB Connect. Retrieved 18 January 2014.
  5. ↑ "Bangladesh looks to Latin America for trade". The Daily Star. Retrieved 18 January 2014.
  6. ↑ "Bangladesh, Mexico to sign deal to curb smuggling". The Daily Star. Retrieved 18 January 2014.
  7. ↑ "Mexico to widen cooperation with Bangladesh". Priyo News. Retrieved 18 January 2014.
  8. 1 2 Mexican Ministry of the Economy (in Spanish)
  9. ↑ Siam City Cement acquires Cemex Bangladesh
  10. ↑ Bangladeshi Ministry of Foreign Affairs: Missions
  11. ↑ Embassy of Mexico in New Delhi (in English and Spanish)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.