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Mexico Seeks Eurasian Economic Union (EEU) Trade

Carlos de Icaza
Carlos de Icaza

Earlier this week, Mexican Deputy Foreign Minister, Carlos de Icaza told students at the Russian Foreign Ministry Diplomatic Academy, that "Russia and Mexico should focus on development of economic ties". Hinting at a dialog going on at a higher level, the minister emphasized the importance of establishing trade ties in between the two nations.

Mr. Icaza also said that many people mistakenly believed that the United States is Mexico’s only trading partner. But Mexico has established solid trade ties with the European Union countries and Asia, and is developing contacts with the Middle East and African states. The minister went on to add: 

"Our trade turnover with Russia amounts to about 2 billion US dollars. I think that our two counties are lacking knowledge of each other. It is necessary to search for ways of building contacts in order to know in what areas we can trade."

Carlos de Icaza, on a working visit to Moscow, met with Russian Deputy Foreign Minister Sergey Ryabkov and President of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin.Mexico is interested in cooperation with the Russia-led Eurasian Economic Union (EEU) as in an opportunity to expand presence in the region, according to the Mexican official. De Icaza also added that Moscow and Mexico City might sign a new program of scientific and technical cooperation by the end of the year.