The coronation of Frederick X as the new king of Denmark this Sunday represents a change in the executive power of the second most important trading partner for Mexico among the Nordic nations and one of the main co-participants in the sustainable agenda towards 2030.
Just at the end of last November, President Andrés Manuel López Obrador highlighted that a financial fund from this European country will invest 10 billion dollars to produce green hydrogen in the Interoceanic Corridor of the Isthmus of Tehuantepec.
Kim Højlund Christensen, ambassador of Denmark in Mexico, said at the Nordic Day 2023:
“A large part of the debate on how to reach the green and sustainable objectives focuses on how we make use of the private sector and its innovation for the fulfillment of sustainable development, that is, the 2030 agenda (…) I think that our experiences can contribute elements towards how to organize ourselves in society and promote participatory processes”.
Just at this event, several companies from that country were presented, along with other investors from the rest of the territories that make up the Nordic nations, the opportunities offered by the Interoceanic Corridor of the Isthmus of Tehuantepec.
Denmark is the second trading partner of Mexico in that group of nations, since the exchange between both, from January to October 2023, added 1,139.4 million dollars, 13 percent more than what was registered in the same period of a year before, show data from the Bank of Mexico.
On the other hand, between January and September of last year, 110.1 million dollars of direct Danish investment arrived in the country, almost 78 percent more than the first nine months of 2022, being the highest level since 2014.
This capital was mainly focused on the automotive sector as well as the development of infrastructure for water transport.
Among the Danish companies established in Mexico, are: Arla Foods (food), Grundfos (pumping systems), Chr. Hansen (food), Coloplast (medical devices), Danfoss (refrigeration and air conditioning), DSV (air and sea transport), F.L. Smidth (cement and minerals industry), ISS (services), Leo Pharma (pharmaceutical sector), LEGO (toys), Lundbeck (pharmaceutical sector), Maersk (maritime transport and logistics), Novo Nordisk (pharmaceutical sector), Novozymes (biotechnology), Palsgaard Industri (food), Pandora (jewelry), Skov (livestock), Vestas (wind energy).
“We appreciate that the experience they share with us from the Nordic region helps us adopt good practices in the economic and business sector,” said Vicente Peredo, head of the International Trade Negotiations Unit of the Ministry of Economy at the celebration of the Nordic Day 2023.
President Andrés Manuel López Obrador highlighted that Denmark will invest 10 billion dollars in Mexico for the sustainable transition.
Source: Milenio
