Amb. Bukun-Olu Onemola, the Under-Secretary in Charge of Regions in the Ministry of Foreign Affairs, signed for Nigeria, while the Mexican Ambassdor, Mr Marco Blanco, signed for his country.
Onemola said the MoU would, among other issues, address political and economic cooperation between both countries.
He said the agreement would also standardise and formalise trade relations between the two nations, noting that Nigeria’s export of hides and skin to Mexico was informal.
Onemola said the MoU would further strength bilateral relations and other partnership between both countries.
Responding, Blanco said Mexico had an investment partnership in agro-industrial production with the Rivers and Enugu states.
He said the partnership agreements, which were signed in March and April, were to the tune of 54 million dollars, adding that 7,500 jobs would be created from the investment.
Nigeria and Mexico established diplomatic ties in the 1960s.
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