On September 30th the Ambassador of Mexico, Rodrigo Labardini, visited the Permanent Representation of the Autonomous Republic of Nakhchivan in Baku city, where he met with the head of Representation, Bakhtiyar Asgarov.
In the meeting was mentioned the dynamic of bilateral relations and achievements in various areas of cooperation. Mr. Asgarov thanked to Ambassador for his efforts destinated to the strengthening of ties between both countries. He presented some information about touristic potential of Nakhchivan and its export capacity.
In this context, Ambassador Labardini stressed significant growth in various areas, including bilateral trade and tourism. He stressed that the promotion of exports and imports increased the commercial exchange that reached 36.2 million dollars. Speaking about Mexico's economic potential, he noted that in 2018, the Mexican economy received a flow of foreign direct investment (FDI) of $ 31.6 billion (preliminary figure). In commercial matters, Mexico represents an important export platform with 12 free trade agreements with 46 countries, which represent more than 60% of world GDP. Only in 2018, Mexico exported a record 450.5 billion dollars, while its imports accumulated 464.2 billion dollars.