Tuesday, February 11, 2020

Automotive manufacturing Mexico: Quebec's largest trading partner in LATAM, says minister







During her visit to the country between March 12 and 15 of this year, Quebec's Minister of International Relations, Nadine Girault, met with federal government political representatives, including Foreign Secretary Marcelo Ebrard, to define areas of cooperation between the two countries for the next two years, as well as to strengthen the diplomatic relationship of years with the Mexican government.

And it is that only in 2017, Quebec's exports to Mexico manufacturing  amounted to 1,755 million dollars, which makes Mexico the third largest international client in the French-speaking territory and its largest commercial partner in Latin America, according to data shared by the Girault team, recently elected in October 2018.

Currently, the Canadian province and Mexico are subject to 19 international agreements that involve the education, culture and art sector, the care of the environment, commerce, science and technology and for the new government to which Girault belongs, the Mexican and Canadian economies they complement each other and must continue to work together to boost the aerospace, creative and automotive industries.

To date there are 700 companies originating in Quebec that have started business with Mexico and 70 other large companies, also Québec, including Trans-Pro Logistics, Exo-S and Bombardier, installed in the country, which have invested around 6 billion dollars in Mexico, according to figures shared by Minister Girault.

He also took the opportunity to ensure that one of the objectives of his government is to encourage SMEs, both from Quebec and Mexicans, to export more products and in greater quantities, “because large organizations already know how to do it, they have the money, the size , seniority, contacts and support from its investors, ”said Girault.

"The Mexican people are so enthusiastic and eager to do business," said the minister and said that although "it is still too early" to give investment estimates and how many businesses will arrive in Mexico, said our country is and will be part of the five most important priorities for Quebec, and vice versa. ”

https://www.americanindustriesgroup.com/

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