Vietnamese ambassador to Mexico Le Thanh Tung and Mexican Minister of Agriculture, Livestock, Rural Development, Fisheries and Food, Francisco Mayorga, have agreed to promote agricultural cooperation in the future.
At a recent meeting with the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (Sagarpa), both sides have gave positive assessments of the advantages and potential for agricultural development towards signing an agreement for closer cooperation in this field.
Tung said that Mexico can learn about rubber and coconut trees growing and processing technology from Vietnam while Mexico can help Vietnam with breeding fish. In addition, both sides can share experiences in shrimp breeding for export and producing agricultural machinery.
Minister Mayorga highlighted the importance of strengthening cooperative relations between Mexico and Southeast Asian nations, including Vietnam, affirming that his country hopes to carry out a number of specific agricultural projects with Vietnam in the future.
According to Sagarpa, since early this year, the value of Mexico’s farm exports value to Vietnam reached $100 million with total two-way trade turnover of more than $300 million.
Last year’s bilateral trade surpassed the $950 million mark and the figure is expected to hit $ 1 billion this year.