Mexico touts 'deeply' integrated economic ties with S. Korea, eyes stronger ties in future industries
SEOUL, Sept. 10 (Yonhap) -- Mexico's ambassador to South Korea on Thursday highl...
Mexico's Ambassador to Korea, Carlos Penafiel, celebrated the two nations' "deeply integrated economic ties" during a Seoul event marking Mexico's 216th Independence Day. South Korea's Trade Minister echoed the sentiment, urging the revival of discussions on a bilateral free trade agreement. With over 2,000 Korean firms operating in Mexico, the two countries' economies are intricately linked within the supply chains shaping North America's future, Penafiel emphasized.
Their cooperation extends beyond trade, encompassing collaborations in space research, clean energy, artificial intelligence, and advanced industries, according to Penafiel. The ambassador emphasized the importance of a "strong bond of friendship" between the two nations, rooted in a shared commitment to peace, international law, multilateralism, and respect for human rights. This partnership is particularly crucial at a time when no nation can confront today's challenges alone.
Mexico holds the distinguished position of being Korea's leading trading and investment partner in Latin America. Meanwhile, Korea ranks among Mexico's top five trading partners.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
