first session of the Mexico-Vietnam Joint Business Committee (MVJBC)

Mexico (VNA) – The first session of the Mexico-Vietnam Joint Business
Committee (MVJBC) and a seminar on bilateral trade took place in Mexico city
on September 21 as part of a working visit by a Vietnamese Defence Ministry
business delegation.

The events were attended by Vietnamese Ambassador to Mexico Pham Van Que, Deputy
Director of the Vietnamese Defence Ministry’s Economic Department Colonel Pham
Viet Thich, President of the Mexico-ASEAN Business Committee Enrique Michel and
President of the Asia-Pacific Directorate of the Mexican Business Council for
Foreign Trade Sergio Ley.

Speaking at the events, Sergio Ley expressed his belief that the first meeting
would help Mexican and Vietnamese businesses strengthen mutual understanding,
thus laying the foundation for their effective cooperation agreements in the
future.

Enrique Michel spoke highly of the Vietnamese economy’s firm progresses,
reflected by its improved infrastructure, international tourism, food production
and export, and international trade.

According to Michel, two-way trade between Mexico and Vietnam sharply
increased from 60 million USD in 2001 to 714 million USD in 2009.

He, however, noted that the Mexico-Vietnam trade relation still faces many
challenges ahead that require both sides’ consensus and joint efforts.

Vietnamese Ambassador Pham Van Que said he was pleased to see that today
Vietnamese consumers have better understanding about Mexican goods and vice
versa.

Mexico is now Vietnam ’s largest trade partner in Latin America and the
two countries have overcome geographical and language obstacles to further their
bilateral ties, he added.

The first MVJBC session is the start of a long-term and mutual trust partnership
for sustainable development between the two countries, the ambassador
stressed.-Enditem




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