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Mexican president-elect and PM Cameron pledge to double bilateral trade by 2015

Wednesday, October 17th 2012 - 20:48 UTC
Full article 19 comments
Peña Nieto and PM Cameron at 10 Downing Street during the very “positive” meeting Peña Nieto and PM Cameron at 10 Downing Street during the very “positive” meeting

Mexican President-elect Enrique Peña Nieto called in London this week for expanded “cooperation and trade” between his country and Britain based on their shared vision of “free trade”.

Following a very busy agenda, Peña Nieto made use of the third stopover on his first European tour after the July 1 elections to share his “vision” in a very “positive and favourable” meeting with British Prime Minister David Cameron, Deputy Prime Minister Nick Clegg, and later businessmen from the City of London.

After previous visits to Berlin and Madrid, the elected-president continued making his “first contacts” with European leaders to create a “climate of understanding that will favour cooperation between Mexico and nations of the EU”.

Peña Nieto said his priorities include “achieving economic growth, fighting poverty more efficiently, better health coverage and quality of education, and improving security.”

About the final point, while acknowledging that it is “one of the most painful subjects and biggest priorities for Mexicans,” he said that “the image projected abroad these days is worse than what life in Mexico is really like.”

After meeting for some 40 minutes with PM Cameron both leaders committed themselves to doubling bilateral trade by 2015 to 6.8 billion dollars, according to the official British spokesperson.

Peña Nieto also shared lunch with British business and financial CEO and revealed plans which include a new tax reform in Mexico that should attract more investment and promote growth.

“The reform would “establish a simplified tax system” and make the government “more accountable and transparent” besides generating “greater incentives for investment”.

In a brief statement at the Mexican embassy in London, Peña Nieto recalled that the UK is one of the EU countries which have invested heavily in Mexico. “In fact, this is the country after Spain that has invested most in Mexico,” he said.

Top Comments

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  • LEPRecon

    CFK will be fuming!

    How dare a Central American country trade with the Britih pirates! It'll be South American countries next! Oh wait a minute, they already do! LOL

    No doubt the usual suspects will be on here slating the Mexicans and accusing them of stabbing Argentina in the back. They must have quite a few knives stuck in there by now! LOL

    In the meantime, both Mexico and Britain celebrate a trade agreement that I'll be mutually beneficial.

    Oct 17th, 2012 - 09:11 pm 0
  • ProRG_American

    Mr. Peña Nieto. Just don't trust them with the lights out, WhaaaaaaaaHaaaaaa!

    Oct 17th, 2012 - 09:15 pm 0
  • Xect

    To be honest after the way Argentina has treated Mexico, I can't imagine much outrage from our Argentine friends.

    You can't complain after you've kicked sand in your allies faces when they become more warm to a stable and reliable trading partner.

    Oct 17th, 2012 - 09:19 pm 0
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