Mexico keen on boosting trade with Bangladesh

Latin American country Mexico wants to expand trade relations with Bangladesh as both countries have great potential in the automobile, pharmaceutical, chemical, and fintech sectors.

Federico Salas Lotfe, ambassador of the Embassy of Mexico in New Delhi, India, made a courtesy call on Mostofa Azad Chowdhury Babu, senior vice president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Monday (30 January) at Motijheel, Dhaka.

The Mexican ambassador said during the meeting, “Economic relations between Bangladesh and Mexico are still small. Both sides would benefit from exploring and diversifying trade.

“Mexico is one of the major suppliers of the global automobile market. We are interested in exchanging Mexico’s experience and transfer technology to build Bangladesh’s automobile manufacturing capacity. I think it would be a good initiative,” he noted.

Federico Salas Lotfe also urged Bangladeshi entrepreneurs to establish businesses in Mexico.FBCCI Senior Vice President Mostofa Azad Chowdhury Babu informed the Mexican delegation about the Bangladesh Business Summit, scheduled to be held in March this year on the occasion of the 50th founding anniversary of the country’s apex trade body FBCCI. He said the organization is expecting active participation from the Mexican side.

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