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Sumitomo Mitsui Banking Corporation and ProMexico sign a Memorandum of Understanding on Business Partnership(1/1)
January
26, 2015
Sumitomo Mitsui
Banking Corporation
Sumitomo Mitsui Banking
Corporation and ProMéxico sign a Memorandum of Understanding on Business
Partnership
TOKYO, January 26, 2015
– Sumitomo Mitsui Banking Corporation (SMBC, President and CEO: Takeshi Kunibe) announced today that it has signed a Memorandum of
Understanding (MOU) on business partnership with ProMéxico to promote
investment in Mexico by Japanese companies.
ProMéxico is the federal
government agency responsible for coordinating strategies aimed at
strengthening Mexico's participation in the international economy, supporting
the process of exporting firms established in the country and coordinating
activities aimed at attracting foreign investment. It has offices in Japan and
around the world, promoting and supporting foreign direct investment into
Mexico by providing advisory services, including providing information and
holding seminars.
Mexico is becoming a
major car manufacturer and exporter with foreign car manufacturers and
suppliers, especially the Japanese companies in recent years, investing in
Mexico.
Under the MOU, SMBC and
ProMéxico will jointly hold seminars and provide
information on Mexico, thereby enhancing our capability to support Japanese
corporate clients considering expanding into or investing in Mexico.
(Profile
of ProMéxico)
Name: ProMéxico (a subdivision of the Secretariat of Economy)
Establishment: 2007
Address: Camino
a Santa Teresa # 1679, Col. Jardines del Pedregal, Del. Álvaro Obregón,
Zip Code: 01900, México, D.F.