The Ministry of Economy of Mexico and Alibaba Group Sign MoU to Jointly Promote Mexican Products through E-Commerce in China
September 06 2017 - 5:39AM
Business Wire
MoU will focus on facilitating Mexican SMEs to
reach the largest consumer market in the world
Today in a ceremony at Alibaba Group's headquarters, Alibaba
Group’s Executive Chairman Jack Ma and Mexico’s President Enrique
Peña Nieto witnessed the signing of a Memorandum of Understanding
(MoU) designed to promote Mexican products and assist companies
seeking to tap into the dynamic Chinese economy through e-commerce.
Alibaba Group President Mike Evans and Undersecretary of Industry
and Commerce of the Ministry of Economy of Mexico José Rogelio
Garza were the signatories of the MoU.
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Mexico's President Enrique Peña Nieto and
Alibaba Group Executive Chairman Jack Ma witness the signing of a
Memorandum of Understanding between Alibaba Group and Mexican
government to help Mexican small and medium-sized businesses reach
China, the largest consumer market in the world. (Photo: Business
Wire)
Under this agreement, Alibaba will work closely with the
Ministry of Economy of Mexico to help Mexican Small and
Medium-sized Enterprises (SMEs) expand into international markets,
in particular China, starting with a tailored program for them to
benefit from the company’s B2B trading platform, Alibaba.com.
Alibaba, together with its ecosystem partners, will also share
expertise in logistics and payment platforms in order to enhance
the cross-border e-commerce capabilities of Mexican SMEs and to
attract Chinese tourists to Mexico.
Alibaba will also share with Mexican SMEs international best
practices related to digital transformation and e-commerce trends.
Specialized training will focus on key areas including e-commerce,
digital payments, logistics and analytics that drive consumer
insight, product innovation and rural development in China. This is
an effort to create a more inclusive world by helping SMEs and
entrepreneurs to better reap the benefits of globalization by
leveraging e-commerce and learning from Alibaba’s experience in
China.
“Alibaba is one of the world´s largest technology companies with
a sophisticated e-commerce ecosystem and a remarkable reach of more
than 500 million active annual consumers globally,” said President
Peña Nieto. “By partnering with Alibaba, we can expand Mexico’s
export options in China and in Asia more broadly, while enhancing
Mexican SMEs’ knowledge of e-commerce and cross-border trade.”
“Alibaba is committed to inspiring, motivating and enabling SMEs
from around the world to grow and thrive through e-commerce and the
use of technology,” said Alibaba Group’s Executive Chairman, Jack
Ma. “We are delighted to help promote cross-border trade with
Mexico through this MoU. We view our cooperation as a way to
energize economic development in both countries.”
Ma travelled to Mexico in May of this year and met with
President Peña Nieto to discuss how technology plays a critical
role in economic development and competitiveness. Discussions
regarding the signing of this MoU began during that visit and
today’s announcement demonstrates Alibaba’s interest in, and
commitment to, facilitating the entry of Mexican SMEs into the
large Chinese consumer market.
China is Mexico’s third largest trading partner globally, with
much room for growth. Today, well-known Mexican products, ranging
from agricultural products to packaged food and tourism, are
already being sold in Alibaba’s ecosystem.
About the Ministry of Economy of Mexico
The Ministry of Economy of Mexico, in accordance with the
objectives of the Innovation Development Program, has established
an industrial policy that privileges the increase of productivity
through supplier development, the strengthening of human capital
and the promotion of innovation.
About Alibaba Group
Alibaba Group's mission is to make it easy to do business
anywhere. The company aims to build the future infrastructure of
commerce. It envisions that its customers will meet, work and live
at Alibaba, and that it will be a company that lasts at least 102
years.
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Alibaba GroupCandice Huang, +1 202 716
7446candicehuang@alibaba-inc.com
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