Vice President Mohadi’s historic visit unveils new trade avenues
Blessings Chidakwa in Mexico
ZIMBABWE’S historic visit to Mexico has unveiled promising avenues for bilateral trade, particularly in the sectors of iron and steel, oil, agriculture, and mining, Vice-President Kembo Mohadi stated.
Vice-President Mohadi’s visit to Mexico coincides with Zimbabwe’s recent achievement of establishing one of Africa’s largest steelworks, the US$1, 5 billion Dinson Iron and Steel Company Manhize plant in Mvuma. This development presents an opportunity for Zimbabwe to gain valuable insights from Mexico’s expertise, particularly in vehicle manufacturing.
As the second-largest economy in Latin America, with a GDP of US$1,5 trillion, Mexico stands to benefit from Zimbabwe’s abundant mineral resources. Additionally, both nations can share their extensive agricultural knowledge, an area where they both excel.
Zimbabwe is also set to gain from Mexico’s vast oil resources. With a population exceeding 130 million, Mexico’s economy thrives on exports of vehicles, oil, agriculture, mining, and tourism.
Speaking after witnessing the inauguration of Mexico’s first female President, Claudia Sheinbaum, last Tuesday, Vice-President Mohadi said that the visit has resulted in the exploration of uncharted avenues for both countries.
“Mexico is interested in what we have in Zimbabwe, particularly our minerals, and they are also proficient in agriculture. We aim to tap into that expertise ourselves in the agricultural sector.
“Additionally, in iron and steel, where they excel, and the oil industry, from which Zimbabwe can greatly benefit. We both need each other,” he said.
Vice-President Mohadi said that the Government of Mexico’s invitation to attend their President’s inauguration clearly signals their eagerness to strengthen ties with Zimbabwe.
“I believe that by inviting His Excellency, the President, whom I am representing, it shows their willingness to collaborate with us. Mexico and Zimbabwe have a diplomatic relationship.
“Although we don’t have an embassy here, they had one in Zimbabwe which they closed in 1994, and they are currently covering Zimbabwe from South Africa. So, we have that relationship, and we are here to broaden it. They need us, and we need them. The relationship has existed and continues to exist; it just needs to be cultivated a bit further.”
Comments