Bangladesh–Mexico relations

Bangladesh–Mexico relations

Bangladesh

Mexico

Bangladesh–Mexico relations refers to the bilateral relations between Bangladesh and Mexico. Both nations are members of the United Nations and the World Trade Organization.

History

President Abdus Sattar attending the North–South Summit in Cancun; 1981.

Diplomatic relations between the two countries were officially established on 8 July 1975, four years after Bangladesh obtained its independence from Pakistan.[1] In 1981, Bangladeshi President Abdus Sattar paid a visit to Mexico to attend the North–South Summit in Cancun.[2]

Bangladesh and Mexico have expressed mutual interest in expanding the bilateral economic activities between the two countries.[3][4] In 2011, a business delegation from Bangladesh paid a visit to Mexico aimed at exploring potential fields for bilateral trade and investment.[5] In 2013, Bangladesh and Mexico signed an Agreement on Mutual Administrative Assistance in Customs Matters to curb smuggling and mis-declaration and to facilitate bilateral trade.[6] Climate change and poverty alleviation have also been identified as potential areas for bilateral cooperation between the two countries.[7]

Trade

In 2014, two-way trade between both nations amounted to $206 million USD.[8] Bangladesh's main exports to Mexico include cotton and textiles. Mexico's main exports to Bangladesh include medicine, alcohol (beer) and tequila.[8]

Resident diplomatic missions

References

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