Indonesia to Boost Investment in Mexico's Agricultural Sector
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Indonesia to Boost Investment in Mexico's Agricultural Sector

Photo by:   Envato Elements, puhimec
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By MBN Staff | MBN staff - Wed, 05/29/2024 - 13:22

Indonesia has expressed a strong interest in increasing its investment in Mexico's agricultural sector, aiming to import a range of products including avocados, sugar, berries, livestock inputs, palm oil, and tropical fruits. This commitment was highlighted by Mexico's Ministry of Agriculture and Rural Development following discussions with the Indonesian Embassy in Mexico City.

During the meeting between Mexico's General Coordination of International Affairs and Indonesia's diplomatic representatives, plans were unveiled to engage with Mexico's National Association of Berry Exporters (Aneberries) and the National Committee for Sustainable Development of Sugarcane (Conadesuca) to bolster the export of Indonesian products. Additionally, Indonesia aims to collaborate with Mexico's National Institute of Forestry, Agricultural, and Livestock Research (INIFAP) to enhance cultivation techniques and research for mangosteen improvement.

Lourdes Cruz, Mexico's Coordinator of International Affairs, presented an overview of Mexico's diverse range of high-quality agricultural products, certified under stringent health and safety standards, positioning Mexico as a leading global exporter to over 190 nations. Moreover, in continuation of a memorandum signed last November, SADER highlighted it will notify the Embassy of Indonesia about the interest of the Spanish Halal Institute in Mexico and the Mexican Halal Authority to accredit companies and their products under Halal certification standards. The Halal certification ensures products comply with Islamic Law, guaranteeing adherence to established practices in the nation of consumption.

Mexican exports to Indonesia have shown growth from US$13 million to US$21 million between 2019 and 2023, according to data from Mexico's Central Bank and the Ministry of Economy. Key agricultural exports include cotton, beer, lemons, tequila, tobacco leaves, sesame seeds, oilseed products, lime essential oil, pet food, and essential oils.

Photo by:   Envato Elements, puhimec

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