Germany is Mexico’s largest trading partner in the European Union

By Valeria Bigurra Peñavera

German companies in the country see the great economic potential it has.

From June 15 to 19 the Expo “Made in Germany” will be held in Mexico City, as part of the Dual year held between Mexico and Germany.

mexicoalemaniaOriginal Image, source: Offcial Facebook page ofExpo Hecho en Alemania

Viktor Eibling, German Ambassador in Mexico, said, quoted in an article in El Universal, Mexico is one of the best countries to invest in Latin America, because at least seven out of 10 German companies in the country rely largely on the national economy.

The diplomat noted that during the current federal administration 15 billion dollars have been invested in Mexico by 700 thousand German companies and most of these companies are looking to expand their businesses in the country.

Mexico is an important partner for Germany, and companies have decided for it in a very strategic way, so the country became the first commercial partner of Germany over Brazil in Latin America, according to the Diplomat.

mexicoalemania2Original Image, source:Offcial Facebook pageofExpo Hecho en Alemania

Thomas Karig, president of the Mexican-GermanChamber of Commerce and Industry (Camexa) and Vice President of Corporate Relations at Volkswagen, said that relations between the two countries live a dynamism that has never been seen before, time that is reflected in the number of companies affiliated with the organization.

Finally it is important to mention that the Expo “Made in Germany” represents an opportunity to share with Mexican sustainable and innovative solutions for industries of all kinds, with which people will be able to observe the progress and get a perspective of what the Dual year means for both countries and how it will benefit them.

RELATED NEWS

  • Trump backs down and signs executive order to Trump backs down and signs executive order to 'keep families together'
  • Despite uncertainty about the election, Mexico continues to attract investmentsDespite uncertainty about the election, Mexico continues to attract investments
  • On Saturday, repaving works start in Cancun’s hotel zoneOn Saturday, repaving works start in Cancun’s hotel zone
  • Mexican entrepreneurship project receives award in FranceMexican entrepreneurship project receives award in France
  • MexicoMexico's foreign minister and business leaders express outrage over ‘inhumane’ US immigration policy
  • The Dow Jones industrial average turned negative as global trade war fears mountThe Dow Jones industrial average turned negative as global trade war fears mount
  • Canada legalizes recreational cannabis useCanada legalizes recreational cannabis use
  • EU to retaliate against US with counter-tariffs on FridayEU to retaliate against US with counter-tariffs on Friday
  • Mexican national team football shirt is best  seller in the United StatesMexican national team football shirt is best seller in the United States
  • Scorpion catching is a dangerous trade that allows Durango’s locals to survive.Scorpion catching is a dangerous trade that allows Durango’s locals to survive.
  • Rafael Márquez , is only the third player in history to achieve the feat of playing in 5 world cupsRafael Márquez , is only the third player in history to achieve the feat of playing in 5 world cups
  • It’s not just in football that Mexico is superior to GermanyIt’s not just in football that Mexico is superior to Germany
WATCH LIVE TV



Most Read Articles
Most Watched Videos
  • Generations Riviera Maya
  • Mayair

Language

Mexico News Network
All rights Reserved 2018