|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Main headline

Pemex, Sinopec Agree to Boost Mexican Oil Exports to China
The pact marks the de facto opening of trade relations between the two giants, something of particular interest to the world’s second economy because of its need for alternative sources of supply

BOAO, China – The Mexican oil company Pemex signed Saturday on the southern Chinese island of Hainan an accord with the second largest oil company of China, Sinopec, to strengthen trade relations between the two firms and promote a larger volume of crude exports to the Asian giant, the second largest petroleum importer in the world.

The accord was signed by the director general of Pemex, Emilio Lozoya, and the president of the XinXing Cathay International Group, a subsidiary of Sinopec, Sha Ming, in the presence of Mexican President Enrique Peña Nieto.

The pact marks the de facto opening of trade relations between the two giants, something of particular interest to the world’s second economy because of its need for alternative sources of supply.

The agreement was signed shortly after Peña Nieto met with the new president of China, Xi Jinping, during the Boao Forum on economic issues.

The Mexican leader is one of the first Latin American heads of state to meet with the new Chinese president, along with Peruvian President Ollanta Humala.

The Boao Forum, an economic summit that has been called the “Asian Davos,” began its 2013 meeting Saturday in China with a marked Latin American character, thanks to the presence as speakers of the presidents of Peru, Ollanta Humala, and of Mexico, Enrique Peña Nieto.


 

 

Xbox Live Gratuit
Copyright Latin American Herald Tribune - 2009 © All rights reserved