President of Germany highlights relationship with Mexico in the Chamber of Senators

In a solemn session, the Chamber of Senators Mexicans received Frank-Walter SteinmeierPresident of the Federal Republic of Germanywhere they stood out economic, commercial, diplomatic and cultural relations.

The interest in approving the Global Agreement between Mexico and the European Union was highlighted, being Germany the main trading partner of Mexico of this region.

Alejandro Armenta Mier, president of the Board of Directors of Senators, pointed out that the process of approval and ratification of said treaty is being followed up “to analyze it, approve it and contribute to the strengthening of ties between our country and that European nation,” he said. .

Recognition was given of the solidity between the economic relations of both countries, with the establishment of at least 20 thousand German companies in Mexicoin addition to hundreds of German families who have now integrated into Mexican society.

Armenta Mier stressed that Mexico and Germany “walk together” in the ideals that promote well-being, peace and world security, under the principles of international development, the authentic rule of law and respect for freedoms.

Strong economic relationship between Mexico and Germany 24 billion dollars in 2021

The privileged geographical location was highlighted as an important economic boost endorsing the relationship with multiple business partners in both regions.

The economic relationship between Mexico and Germany surpassed in commercial exchange the 24.7 billion dollars in 2021. The main sectors of exchange are the automotive, pharmaceutical, chemical, textile, machinery and renewable energy industries

With this, Germany has established itself as Mexico’s first trading partner in Europe. At the same time, the The Mexican Republic is the largest partner of the German nation in Latin America and the Caribbean.

It was highlighted that from 1999 to 2022, Germany invested 29 billion dollars in MexicoPuebla being the State that has received the most with 33.5% of the investments.

challenges in the relationship

Among the challenges that Germany and Mexico still face are economic difficulties that stemmed from the pandemic, as well as the war in Ukraine, the global environmental crisis and the massive migration of people.

Frank-Walter Steinmeier, President of Germany recognizes Mexico as a strong trade partner

the president of Germany, Frank-Walter Steinmeier, He assured that on the part of his nation they are interested in strengthening and contracting greater associations with Mexico to develop new economic ties and maintain mutual trust.

“Of course each country has its own traditions and its own culture, but the key is that together we keep our eyes on a common goal,” he said.

He considered that the friendship with Mexico It is based on a firm foundation, since both countries have been together politically and economically for decades, “strongly interconnected, and the 70 years of diplomatic relations speak for themselves.”

Steinmeier said that economic relations remain stable and strong, since the more than 2,000 German companies in the country employ more than 300,000 people, including young Mexicans who are learning and working.

He added that there are also 470 associations that cooperate with universities of both nations and with German companies for exchange in different subjects, which appreciate the high potential that characterizes Mexico in research and development.

The president of germany acknowledged that Mexico It is an important partner that they hold in great esteem, and he considered it necessary that this association be prepared for the future, “that is why we would welcome with great satisfaction that the Modernized Global Agreement between Mexico and the European Union could be ratified quickly.”

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Finally, regarding the conflict between Russia and Ukraine He said it affected “all of us who believe in the freedom and territorial rights of each country. This brutal violation of the rules by Putin does not only affect Europe, it affects everyone.”

Source: Debate

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J. A. Allen

Author, blogger, freelance writer. Hater of spiders. Drinker of wine. Mother of hellions.

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