Peru and Mexico, at the forefront of trade between Latin America and Eurasia


From new specialized centers in Mexico and Peru, Latin America can be projected commercially to the countries of the Eurasian Economic Commission, and offer competitive products in these markets. Sputnik tells you how ties of exchange between these two strategic regions of the world are woven.

Image: Pixabay
Image: Pixabay

"The opening of these new facilities means that in other countries where we also have action, we can develop everything we are doing," Américo Alatorre, president of the Business Council of Liaison with the Eurasian Economic Commission (CEIE-CEE) told Sputnik.

This entity, together with the National Agency of Industry and Commerce of Russia, opened a business center in Monterrey, in northern Mexico. This opening was preceded by the opening of another base in Peru, which will coordinate business with Central and South America, promoting products originating in Venezuela, Bolivia, Ecuador, Panama, and the Dominican Republic.

The CEIE-CEE has its own business and exhibition center in the Food City complex in Moscow. This structure is complemented by the two Latin American headquarters. Specifically, Peru's will allow better coordination of the South American region, explained Alatorre.

"There is a huge amount of products that also participate in the Russian market, and on the way back and forth we are also promoting Russian products to these countries," said Alatorre.

In addition to the new headquarters in Monterrey, they have centers in the cities of Mexico and Guadalajara. On the way to the project is the opening of new facilities in Cancun, Chetumal, and Tijuana.

"Each headquarters works in two areas, the commercialization of the products and the financial area, which is done in conjunction with the National Agency of Industry and Commerce of Russia, whose objective is to promote Russian products in the American continent," the source explained.

Alatorre explained that the installation of these formal business headquarters aims to provide certainty and formality to entrepreneurs looking to project their products to Eurasia.

In short, they officiate as "a reliable institution that is not managed through brokers or unreliable entities for the same employer, but have the institutional endorsement and international recognition through the Business Council Liaison," he said.

From the Council, for example, the Binational Chamber Mexico-Russia participates. The interested businessmen approach this instance offering their products and business projects, and the Chamber is in charge of looking for possible buyers in the countries of the Eurasian Economic Union (EEU): Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia.

"Between them, negotiation links are established and commercial agreements are reached that corresponds to the interests of both sides," explained Americo Alatorre.

"We are a promoter of commercial interrelation, we do not trade directly," added the president of the business council of liaison with the EEC.

They also have plans to finance Russian products through the Russia Eximbank, which allow obtaining lines of credit for commercial transactions.

Alatorre told Sputnik that the products sent from Mexico to Russia are mainly food, such as lemon, pulp or avocado oil, coffee, tequila, mezcal, and pineapple. In addition, from the Dominican Republic, passion fruit, tamarind, pineapple, and avocado are marketed.

The representative explained that they are in talks with the Ministry of Tourism of the Government of Andrés Manuel López Obrador to promote Mexico as a tourist destination for the inhabitants of the countries that make up the Eurasian Economic Union.

"Everything we can do to improve commercial communication between our countries, we will do it with pleasure," he said.

He explained that one of the points under discussion is the suppression of the visa request to enter Mexico that is required of citizens born in Kazakhstan since that country does not request them from Mexicans. In turn, Mexico does not have an embassy in that country, so the Kazakhs who want it must process their visa in Russia, Turkey or China, a point that hinders their arrival.

The Business Council of Enlace promotes the commercialization of Latin America (with special emphasis in Mexico) towards the countries of the Eurasian bloc: Russia, Kazakhstan, Kyrgyzstan, Armenia, and Belarus

"Our idea is that in the future we have participation through this private business council in all the countries of Latin America," he concluded.

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