Mexico–Switzerland relations

Mexico–Switzerland relations refers to the diplomatic relations between Mexico and Switzerland. Both nations are members of the Organisation for Economic Co-operation and Development and the United Nations.

Mexico-Switzerland relations

Mexico

Switzerland

History

Official contact between Mexico and Switzerland was established in 1827. That same year, Switzerland opened a diplomatic office in Mexico City. In 1832, both nations signed a treaty of Friendship and Commerce and Mexico opened a diplomatic office in Basel. In 1945, both nations officially established diplomatic relations and in 1946, Mexico opened a diplomatic office in Bern. In 1958, both nations elevated their diplomatic missions to embassies.[1]

Switzerland maintains a high-level international profile due to it hosting several UN agencies and other international organizations in Geneva. Each year, the World Economic Forum is held in Davos and high-level Mexican officials, including the Mexican President; travel to Switzerland to meet with Swiss politicians and business persons.

In 2016, both nations celebrated 70 years of diplomatic relations.[2] In 2018, approximately 5,219 Swiss citizens resided in Mexico.[2]

High-level visits

High-level visits from Mexico to Switzerland

High-level visits from Switzerland to Mexico

Bilateral agreements

Both nations have signed several bilateral agreements such as an Agreement on Air Transportation (1966); Agreement on the Avoidance of Double-Taxation and Tax Evasion (1994); Agreement on the Promotion and Reciprocal Protection of Investments (1995); Agreement on Mutual Administrative Assistance in Customs Matters (2008); Memorandum of Understanding on the Cooperation between the Mexican Agency of International Cooperation for Development (AMEXCID) and the Swiss Agency for Development and Cooperation (2013); Memorandum of Understanding in Health Cooperation (2016) and an Agreement of Cinematographic Cooperation (2017).[3]

Education

Colegio Suizo de México, a Swiss international primary and secondary school in Mexico catering to expatriate Swiss families; has campuses in Cuernavaca, Mexico City, and Querétaro City.[4]

Transportation

There are direct flights between Cancún and Zürich with Edelweiss Air.

Trade relations

In 2001, Mexico signed a free trade agreement with the European Free Trade Association which includes Iceland, Liechtenstein, Norway and Switzerland. In 2019, two-way trade between Mexico and Switzerland amounted to US$2 billion.[5][6] Between 1999 and 2016, Swiss companies invested more than US$9 billion in Mexico.[7] Several Swiss multi-national companies are based and operate in Mexico, such as Credit Suisse, Holcim, Nestlé, Novartis and UBS.[6] Mexican multinational companies such as Cemex and Vitro operate in Switzerland.

Resident diplomatic missions

Notes and references

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