Mexico signs MoU with Alibaba

Mexico’s government and Alibaba have signed a memorandum of understanding (MoU) that they say will help Mexican SMEs to expand into international markets – and China,in particular. As part of MoU which was signed yesterday (6 September), Alibaba will create a special program specifically for Mexico to benefit from the Alibaba.com platform and also share best practices in the operation of its logistics and payment platforms.

Mexico’s President Enrique Peña Nieto said: “Alibaba is one of the world’s largest technology companies with a sophisticated e-commerce ecosystem and a remarkable reach of more than 500 million active annual consumers globally.

“By partnering with Alibaba, we can expand Mexico’s export options in China and Asia more broadly, while enhancing Mexican SMEs’ knowledge of e-commerce and cross-border trade.”