Mexico, Israel to Triple Annual Trade to $ 2.1 Billion

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The commercial ties between Mexico and Israel will be expanded, aiming at tripling current trade figures, according to Israel’s ambassador in Mexico, Jonathan Peled. In 2015, two-way trade between both nations amounted to $700 million, a 300 percent increase since a trade agreement was signed in 2000.

Mexico’s exports to Israel include cement, agriculture and mining products. Israel invests in the Latin American nation in the fields of pharmaceuticals, agriculture, water technology, renewable energy, public security and technology.

David Steger – Matzav.com Israel

1 COMMENT

  1. Looks like it is Mexico that ends up selling its stuff to Israel. Who benefits from this deal? Rich investors profiting from cheaper Mexican labor at the expense of regular Israelis. These so called trade deals are not about freedom and progress, they are about rewarding modern day slavery of the third world sweat shop, while breaking the middle class backbone of the western society.

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