Nepal proposes framework agreement with Mexico

Nepal has proposed a framework agreement with Mexico to increase trade and tourism relations between the two countries and attract investment from Mexico to Nepal.

Presenting his Letters of Credence to President of Mexico Enrique Pena Nieto amidst a special ceremony at the Presidential Palace in Mexico, ambassador of Nepal to the US Dr Shankar Prasad Sharma, who is also appointed as the ambassador to the Mexico, has requested to reinvigorate the bilateral relations with a new framework agreement of cooperation.

Receiving the Letters of Credence, President Enrique Pena Nieto extended congratulations to Dr Sharma for being appointed as the ambassador of Nepal to Mexico. He also requested the ambassador to convey his best wishes to President Dr Ram Baran Yadav for his personal health as well as continued progress and prosperity of Nepal and Nepali people.

Expressing happiness for the relations happily existing between the two countries, President Enrique Pena Nieto also expressed his desire to further strengthen bilateral relations between the two countries. He also assured him of cooperation in the matters of potential areas of mutual interests. The President assured ambassador Sharma full support from the government of Mexico in discharging his duties.

Sharma has, on the occasion, requested honorary consul general of Nepal to Mexico Jack Assael to work on the draft of the framework agreement.

Earlier, the Nepali ambassador also called on secretary of Foreign Affairs of the Government of Mexico Jose Antonio Meade Kuribrena at his office, where welcoming the ambassador in Mexico, the foreign secretary agreed to reinvigorate the bilateral relations with a new framework agreement of cooperation.

There are potentials to increase trade and tourism between the two countries and attract investment from Mexico to Nepal.

According to Sharma, Mexico imported $371 billion worth of goods in 2012 and invested $12 billion in different countries in 2011. Similarly, more than 14 million tourists originated from Mexico in 2011.