Bangladesh–Mexico relations

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.

Bangladesh–Mexico relations

Bangladesh
Mexico

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.[1] In 2011, a business delegation from Bangladesh paid a visit to Mexico aimed at exploring potential fields for bilateral trade and investment. Climate change and poverty alleviation have also been identified as potential areas for bilateral cooperation between the two countries. In 2012, Bangladesh opened its first resident embassy in Mexico City.[1] In 2015, Bangladeshi Minister of State Shahriar Alam paid a visit to Mexico to celebrate 40 years of diplomatic relations both nations. While in Mexico, Minister Alam met with Mexican Foreign Minister José Antonio Meade.[1]

High-level visits

High-level visits from Bangladesh to Mexico[3][4]

Bilateral agreements

Both nations have signed a few bilateral agreements such as an Agreement on the Elimination of Visa for Diplomatic and Official Passport Holders (2013); Agreement on Mutual Administrative Assistance in Customs Matters (2013) and a Memorandum of Understanding on Foreign Office Consultation (2015).[1]

Trade

In 2018, two-way trade between both nations amounted to US$336 million dollars.[5] Bangladesh's main exports to Mexico include: cotton, textiles and shoes. Mexico's main exports to Bangladesh include: motors for elevators or elevators; generators; shrimp and prawns; and steam traps.[1] In 2016, Mexican multinational company Cemex, sold its operations in Bangladesh to Siam Cement Group.[6]

Resident diplomatic missions
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References
  1. Bilateral relations between Mexico and Bangladesh (in Spanish)
  2. Recordando: Cumbre Norte Sur en 1981 (in Spanish)
  3. México y Bangladesh acuerdan promover un mayor acercamiento (in Spanish)
  4. Bangladesh, Mexico for joint investment
  5. "Mexican Ministry of the Economy (in Spanish)". Archived from the original on 2019-07-28. Retrieved 2017-07-14.
  6. Siam City Cement acquires Cemex Bangladesh
  7. Bangladeshi Ministry of Foreign Affairs: Mexico
  8. Embassy of Mexico in New Delhi
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