Mexico and Colombia agree to boost trade
Mexico and Colombia’s respective development banks, Bancomext and Bancoldex, have signed a memorandum of understanding to boost trade between the two countries.
The two organisations will collaborate on financing tools to support export, import and investment flows, including through co-financings.
Trade between the two countries generated US$4.6bn in 2015. Colombia is Mexico’s second-largest export destination in South America after Brazil, with exports worth US$3.6bn.take me back