Mexico and Iran do not currently have extensive economic relations, however they have sought to develop their bilateral trade over recent years as both countries seek alternative markets. A painting of the siege of Monterey in September 1846. Iran and Mexico have enjoyed increasingly close political and economic relations over the years, growing with the volume of bilateral trade and economic cooperation. [2] During the Shah's visit, he and President Echeverría discussed events transpiring in the Middle East at the time and both leaders agreed to strengthen bilateral relations between both nations and to open embassies in each nation's capitals, respectively. [5], Iran and Mexico have enjoyed increasingly close political and economic relations over the years, growing with the volume of bilateral trade and economic cooperation. Mexico and Iran have enjoyed increasingly close political and economic … U.S. Army Signal Corps/AP Share. [5] Mexico is Iran's principal trading partner in Latin America. [5], Both nations have signed some bilateral agreements such as a Friendship Agreement (1903); Agreement on Scientific and Technical Cooperation (1975); Agreement on Cultural Cooperation (1975) and a Memorandum of Understanding to Strengthen Inter-Parliamentary Links (2014). Then, in 1953, after the duly elected Prime Minister Mohamma… [4] Mexican House of Representatives Speaker Ruth Sayala has called the two sides' cooperation “very important” and has said that Mexico is interested in learning from Iran's experience in the energy sector. Outside of Mexico: 844-528-6611 [5], According to Mexican Undersecretary of Foreign Affairs Lourdes Aranda, the Mexican government presented a bill to parliament that claimed that Mexico was willing to use Iranian experience to help increase energy efficiency. Iran and Mexico have enjoyed increasingly close political and economic relations over the years, growing with the volume of bilateral trade and economic cooperation. [9] Aranda and Salari exchanged views on the situation in the Middle East, the International Atomic Energy Agency and the international financial crisis, among other issues. Ties between the two states had been severely damaged by the Iran-Iraq War from 1980-1988, but since 2003, Iran has seized on the fractured political and vulnerable security situation in Iraq and has worked vigorously to extend its economic and political reach using both diplomatic and military means. Iranian unemployment is expected to soar above 16% in 2020, according to the International Monetary Fund. Iran has simultaneously been reaching out to Mexican markets, pushing for an expansion of trade and diplomatic relations much as it has with several other Latin American countries in recent years. Mexico Iran Foreign Relations (Dec 25, 2020) Mexico and Iran do not currently have extensive economic relations, however they have sought to develop their bilateral trade over recent But not only had the deal proved a hard slog to seal, it had also largely been framed by the US as the best chance of containing the threat from Iran rather than being the overture to a blossoming friendship.Although Barack Obama famo… [10], Mexico has traditionally been an ally of the United States, however in recent years, growing economic relations with Iran have also paved the way for greater bilateral diplomatic relations between Tehran and Mexico City. More information about Mexico is available on the Mexico Page and from other Department of State publications and other sources listed at the end of this fact sheet. Both nations are members of the United Nations. "With Mexico, there is absolutely no political problem between us. Iran, Mexico to bolster ties based on national interests, President Tehran, Feb 10, IRNA – President Hassan Rouhani said here on Monday that Iran enjoys cordial ties with Latin American states including… Continue February 10, 2014 The troubled history of Iran-U.S. ties, beginning soon after WWII, is at the foundation of broken relations today.