Mexico targets deeper trade and investment ties with Kuwait
Ambassador Peña Haller highlights opportunities for Mexican companies, 25 bilateral agreements and wider cooperation in technology, research and youth
The Times Kuwait Report
Mexico sees significant opportunities to deepen its economic and commercial partnership with Kuwait, particularly in trade, investment, technology, scientific research and business-to-business cooperation, Mexican Ambassador to Kuwait Eduardo Patricio Peña Haller said.
Speaking at a reception marking the 216th anniversary of Mexico’s Independence Day, attended by Assistant Foreign Minister for Asian Affairs, Minister Plenipotentiary Nawaf Abdul Latif Suleiman Al-Ahmad, along with a large number of heads of diplomatic missions, Peña Haller said Kuwait remains an important partner for Mexico and offers promising opportunities for Mexican companies and investors.
He said Kuwait’s efforts to promote development and diversify its economy provide an attractive environment for expanding bilateral economic ties. “The potential of the economic and trade relationship between Mexico and Kuwait is much greater” than the current level of bilateral trade, the ambassador said.
Mexican exports to Kuwait reach $51 million
According to the latest official Mexican trade data available, Mexico’s exports to Kuwait reached approximately $51 million in 2026 so far. The exports include commercial vehicles for transporting goods, automotive spare parts, air and vacuum pumps, iron and steel pipes and tubes, as well as a range of agricultural products.
Peña Haller said the figures demonstrate the ability of Mexican companies to participate successfully in the Kuwaiti market, while also highlighting the considerable scope for expanding and diversifying bilateral trade.
He stressed the need for Mexico and Kuwait to continue working together to increase trade, encourage mutual investment and establish stronger links between their respective business communities.
Mexico offers diverse industrial opportunities
The ambassador highlighted Mexico’s position as one of North America’s major exporting countries and its strong industrial and manufacturing base. He pointed to internationally competitive Mexican industries, including automobiles and automotive components, aerospace, computers and data-processing equipment, beverages, medical devices, electronics and food products.
“These sectors represent real opportunities for partnerships with Kuwait,” he said, whether through increased exports, investment or the establishment of joint ventures. Peña Haller said stronger engagement between the private sectors of both countries could help unlock opportunities that remain largely untapped.
More than 25 bilateral agreements
The ambassador noted that Mexico and Kuwait have signed more than 25 bilateral agreements covering a wide range of areas, providing an important foundation for expanding cooperation. He said the Mexican Embassy is also working to strengthen scientific, technological and cultural cooperation, enabling universities and research institutions in both countries to develop joint projects and encourage greater participation by young people.
With technological development becoming an increasingly important driver of competitiveness and economic growth, Peña Haller identified scientific and research cooperation as an area with significant potential for further development.
Youth as a bridge for future relations
The ambassador also highlighted the importance of people-to-people relations, particularly exchanges between Mexican and Kuwaiti youth. He said he was pleased with opportunities that allow young people from both countries to meet, learn about each other and develop new friendships, describing these human connections as an important foundation for strengthening bilateral relations among future generations.
He stressed that bilateral cooperation should extend beyond government-to-government relations to encompass communities, businesses, universities, research institutions and young people. Mexico, he added, attaches great importance to its relationship with Kuwait and to the friendship that has developed between the two countries and their peoples over several decades.
He expressed his hope that Mexico and Kuwait would continue working closely to deepen political dialogue, expand economic and commercial relations, strengthen cultural and educational exchanges and explore new areas of cooperation, including sports.
Mexico and Kuwait established diplomatic relations in 1975, and their relationship has since developed on the foundations of mutual respect, friendship and a shared commitment to cooperation, Peña Haller said.
Bilateral relations encompass political dialogue, economic and commercial ties, cultural and educational exchanges, as well as growing links between the peoples of the two countries. He reaffirmed Mexico’s commitment to further developing the partnership and expanding its scope.
Mexico hopes Kuwait can contribute to Gulf peace
Turning to regional developments, Peña Haller expressed hope that Kuwait, under the leadership of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah, can contribute to achieving lasting peace in the Gulf region.
He underscored the importance of continued cooperation and coordination between Mexico and Kuwait, saying bilateral relations are founded on friendship and mutual respect. Mexico, he added, looks forward to continuing its work with Kuwait across areas of mutual interest.
Celebrating 216 years of Mexican independence
Concluding his address, Peña Haller said Mexico’s Independence Day provided an opportunity to share with Kuwaiti friends the richness of the country’s history, heritage, culture and traditions, while also reflecting on the strong relationship between Mexico and Kuwait and the opportunities that lie ahead.
Mexico achieved independence in 1821, he noted, with the independence movement grounded in principles of freedom and the pursuit of social equality, including the abolition of slavery and the caste system and the establishment of popular sovereignty.
The ambassador said Mexico currently has a population of approximately 133 million and ranks as the world’s 13th-largest economy. According to World Trade Organization data cited in his address, Mexico ranks 10th globally in merchandise exports and fifth in agricultural and food-product exports, while being the world’s leading exporter of fruits and vegetables.
He said celebrating Mexico’s Independence Day in Kuwait was not simply an occasion to commemorate the country’s independence, but also an opportunity to celebrate the friendship between Mexico and Kuwait and the commitment of both countries to building an even stronger partnership.
Expressing his appreciation to Kuwaiti officials, ambassadors and members of the diplomatic corps for attending the reception, Peña Haller concluded by reaffirming the friendship between the two countries.
