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Mexico-Russia economic relations broaden considerably

September 04, 2013, 8:20 UTC+3

The two countries have intensified the relations in food and medical spheres

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MEXICO, September 4 (Itar-Tass) - Economic relations between Mexico and Russia have broadened considerably in such spheres as tourism, trade and investment over the last few years, “but sweeping opportunities in the development of commercial relations still remain unrealized,” Mexican President Enrique Pena Nieto told Itar-Tass on Tuesday.

“The inflow of Russian tourists in our country has increased from 27,000 in 2010 to 77,000 in 2012,” the president noted. He also noted major prospects in the build-up of bilateral ties “in the energy sector, car making and the production of high value-added goods.”

He said that the two countries have intensified the relations in food and medical spheres. Pena Nieto noted that Russia is ranked as a third important market for the meat exports from the Latin American country.

The Mexican President added that the Latin American country’s government “will ensure a broader political dialogue with Russia to create new instruments of bilateral cooperation.”

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