Mexico–Saudi Arabia relations

Mexico–Saudi Arabia relations refers to the diplomatic relations between Mexico and Saudi Arabia. Both nations are mutual members of the G-20 major economies and the United Nations.

Mexico-Saudi Arabia relations

Mexico

Saudi Arabia

History

Mexico and Saudi Arabia established diplomatic relations on 12 September 1952.[1] On 31 July 1975, Mexican President Luis Echeverría paid a five-day visit to Saudi Arabia and met with King Khalid bin Abdulaziz Al Saud in Jeddah.[2] The two leaders also discussed current events taking place in the Middle East at the time.

In October 1981, Saudi Crown Prince Fahd bin Abdulaziz Al Saud visited Mexico to attend the North–South Summit and met with Mexican President José López Portillo.[3] In 1981, both nations opened embassies in each other's capital's, respectively. In June 2010, Mexican Foreign Minister Patricia Espinosa Cantellano paid a visit to Saudi Arabia.[4] In March 2014, Mexican Foreign Minister José Antonio Meade paid a visit to Saudi Arabia.[5]

In January 2016, Mexican President Enrique Peña Nieto, paid an official visit to Saudi Arabia.[6] During his visit, President Peña Nieto met with King Salman bin Abdulaziz Al Saud and together they signed 11 bilateral agreements in: cooperation on combating organized crime; tax evasion cooperation and the abolishment of double taxation; energy; trade; protection of investments and cultural and sports agreements.[7] President Peña Nieto also awarded the Order of the Aztec Eagle to King Salman.[8] In December 2018, Saudi Minister of State Mansour bin Mutaib Al Saud attended the inauguration for Mexican President Andrés Manuel López Obrador.[9]

High-level visits

Crown Prince Fahd bin Abdulaziz Al Saud attending the North–South Summit in Cancún along with Mexican President José López Portillo; 1981.

High-level visits from Mexico to Saudi Arabia

High-level visits from Saudi Arabia to Mexico

Bilateral agreements

Both nations have signed several bilateral agreements such as a Memorandum of Understanding of Cooperation between both nations Diplomatic Institutions (2009); Memorandum of Understanding for the Establishment of Political Consultations on Issues of Mutual Interest (2014); Agreement on the Avoidance of Double-Taxation (2016); Agreement of Cooperation between both nations Banks for Development and Exportations (2016); Agreement on Air Services (2016); Agreement on Tourism Cooperation (2016); Memorandum of Understanding in Cooperation the Oil and Gas Sectors (2016); Memorandum of Understanding between Pemex and Saudi Aramco (2016) and an Agreement of Cooperation to Combat Organized Crime (2017).[1]

Trade relations

In 2018, two-way trade between both nations amounted to US$352 million.[10] Saudi Arabia is Mexico's biggest trading partner among the Arab nations and 41st globally.[11] Mexico's main exports to the kingdom include: copper wires, aluminium alloy and honey. Saudi Arabia's main exports to Mexico include: gas and propane gas.[1] Mexican multinational company KidZania operates in Saudi Arabia.

Resident diplomatic missions

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See also

References

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