Mexico and China sign infrastructure cooperation agreement

Monday, 17 June 2013 02:11:07 (GMT+3)   |  
       

Mexico and China signed a Memorandum of Understanding (MOU) last week which aims to strengthen cooperation in infrastructure construction, according to the Secretary of Communications and Transport (SCT).

In a statement, the Secretary explained that the MOU was carried out in during the Chinese President's visit to Mexico. "The purpose of the MOU is to know the infrastructure projects and its various facets," said the statement. "Mechanisms established by this instrument will be through a process of exchange of information on technologies, experiences and legislation and will focus on exploring specific projects."

Similarly, these projects will seek to positively impact financing mechanisms at the local level, and will also take care of any international immigration laws of both countries for this purpose. Although the MOU is not legally binding, the obligation entails the enforcement of international rights.


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