Mexico and Denmark sign Joint Commerce Declaration

By Elliot Bullman

Last week the Prime Minister of Denmark, Lars Lokke Rasmussen, came to Mexico to discuss state business with President Enrique Peña Nieto.

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The leaders met to inaugurate a major investment in the port of Lázaro Cárdenas by a Danish company, which is the Maersk Container Terminal, worth more than 7.3 bn pesos.

"This leaves clear evidence, before all, that Mexico is a reliable destination; Mexico awakens the interest of other nations to establish here, to expand their businesses in our country ": EPN

In recent years, trade between the two countries has accelerated and has grown more than fivefold. Between 2015 and 2016, bilateral trade grew 29 percent.

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The Joint Declaration "reaffirms the willingness of both countries to strengthen the bilateral relationship, particularly in three aspects":

FIRSTLY: "The political dialogue, to be able to face challenges of the world order, causes of humanity in which we have a shared agenda".

SECONDLY: "Boost trade and investment decisively.

THIRDLY: Intensify bilateral cooperation and open spaces to promote development and prosperity for both nations.

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