Mexico and Denmark begin a new stage of friendship, partnership and shared growth, it is time to make the most of economic benefits between the two countries and continue working together for the Danish and Mexican people, said Mexico’s President Enrique Peña Nieto.
In the blog of the Presidency of the Republic, the president stressed that for nearly two centuries, Denmark has been a close friend of Mexico, with the establishment of diplomatic relations since 1827, both countries have followed a path of rapprochement, understanding and cooperation.
He noted that in recent years they have joined forces to combat climate change, from the consolidation of the Mexican proposal to establish the Green Climate Fund; whereas, with support from the Danish government, he noted, Mexico has strengthened its participation in operations UN Peacekeeping.
Therefore, he said, “it is an honor to be the first Mexican president to go to Copenhagen to make a state visit. It is an ideal way to open new areas for political dialogue, boost our economic ties and renew the bonds of friendship between our countries.”
In particular, he stressed, Mexico wishes to take this approach to demonstrate the true potential of the bilateral relationship in two specific areas: trade and investment and clean energy generation.
In the first category, Denmark has become the first source of foreign direct investment in Mexico and the second largest trading partner among the Nordic countries.
Because of the great importance of economic cooperation, “my country has a strong interest to establish itself as a key partner of Denmark in Latin America.”
In the second category, Denmark stands out in the world for its leadership in clean energy generation; while in Mexico concrete actions are being taken to strengthen the development of renewable energy, he said.
Peña Nieto said that Mexico is now more productive and competitive, thanks to the transformation process in the first three years of his government, through 13 structural reforms.
In addition, he noted, it has a strong macroeconomic and financial stability and better conditions of competition. In short, it is generating more and better business opportunities, to consolidate it as an attractive investment destination.
This is demonstrated by the more than 200 companies operating in Mexico with capital from Denmark and the recent creation of the Confederation of Danish Industry in Mexico City.
Also, with the approval of the new Law on Energy Transition, Mexicans are committed to generating 25 percent of electricity from renewable sources by 2018, 30 percent by 2021 and 35 percent by 2024.
He noted that for this reason, Mexico wishes to continue exchanging experiences with Denmark, to implement best practices in the supply of wind, geothermal and solar energy.
NTX / SGR / GZP – Translated by Vallarta Daily
Receive the PVDN morning newsletter and exclusive content by becoming a PVDN Supporter, learn more here