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Mexican Senate Approves Mexico-China Investment Promotion Agreement
2009-03-31
Brief:Mexican Senate Approves Mexico-China Investment Promotion Agreement

An agreement between Mexico and China on boosting investment was approved Tuesday by the Mexican Senate.

The agreement, signed in Beijing on July 11, 2008, was approved with 72 votes in favor and 11 against.

The press office of the Senate told Xinhua that the agreement, to which some changes have been made, will be sent to the president for signing into effectiveness.

This agreement is aimed to create better condition for China-Mexico mutual investment and commercial cooperation.

China will be one of the determining factors of the global economy in this century, so the bilateral relation should receive the highest priority in Mexican commercial agenda, said the document.


Source: Xinhua News
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