08:25 GMT +309 December 2019
Listen Live
    China's Ambassador to Mexico Qiu Xiaoqi listens to Mi Jiao Meng, Mayor of Huizhou City, during the Expo China Homelife Show, a platform for leading Chinese companies seeking to do business in Mexico, in Mexico City, Mexico June 13, 2017

    China Ready for Free Trade Deal With Mexico - Chinese Ambassador

    © REUTERS / Carlos Jasso
    Get short URL
    0 30

    According to Chinese ambassador, Mexico is now the second largest trading partner of China in Latin America.

    MEXICO CITY (Sputnik) China is ready for a free trade agreement with Mexico in order to promote and enhance bilateral relations, Chinese ambassador to Mexico Qiu Xiaoqi said.

    "If we negotiate such a [free-trade] agreement, it will significantly contribute to our trade. There are no problems here from the part of China, we are ready," the ambassador said Wednesday.

    According to Qiu, Mexico is now the second largest trading partner of China in Latin America, while China occupies the second position in Mexico’s international trade.

    "We want to promote and deepen our relationship with Mexico. It is a very important trading partner to for China, and any agreement for the further simplification of procedures in trade will be great," the diplomat said.

    In May, Mexican Secretary of Economy Ildefonso Guajardo Villarreal said Mexico may focus on trade with China instead of the United States due to emerging tensions in trade relations with the neighboring country.

    Donald Trump's victory at the US presidential election was considered by the Mexican authorities as a threat to the US-Mexican trade relations as during his presidential campaign, Trump had pledged to renegotiate or withdraw from the North American Free Trade Agreement (NAFTA), which Mexico is part of.

    According to the US Department of State, Mexico's exports rely heavily on supplying the US market, but the country has also sought to diversify its export destinations. Nearly 80 percent of Mexico’s exports go to the United States, the Department's official figures showed.


    Brexit Secretary Assures EU States Want Good Free Trade Deal With UK
    Angela Merkel Hopes to Agree EU-Mexico Free Trade Deal This Year
    EAEU, India Sign Petition on Beginning of Free Trade Area Talks at SPIEF 2017
    Switzerland Interested in Promoting Free Trade to Boost Economy
    trading partners, free trade agreement, Mexico, China
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik