Mexico seeks more trade with South Korea

Mexico (Notimex) - Mexico is seeking to increase its trade with South Korea, its sixth largest trading partner in the world.

Paulo Carreño, the director of Mexico's investment promotion agency ProMexico, is visiting South Korea to seek more investment opportunities.

Mexico is a strategic country for South Korea in Latin America, ProMexico said.

In 2017, bilateral trade reached almost $19.2 billion.

Mexico's exports to the Asian country are mainly oil, minerals, car parts and accesories.

Carreño's visit as Samsung announced a $15 million-dollar investment in a new plant in the northern state of Coahuila. The plant will craete 380 direct jobs, the company said.

During his trip, Carreño will meet with top directors from Huyndai, CS Wind, Samsung, Posco and Shinhan Bank.

Photo: A street in downtown Seoul. Public Domain (CC0)