Nikolay Kushnarev, Director of the Eurasian Economic Commission's Industrial Policy Department, proposed to consider the possibility of concluding a memorandum on industrial cooperation with Mexico at the Russia – Mexico Business Forum.

"We are interested in building a substantive architecture of cooperation between the Eurasian Economic Union and Mexico in order to implement joint initiatives and mutually beneficial industrial projects," Nikolay Kushnarev mentioned.

The experience of Mexico and other Latin American countries in using the mechanism of special economic areas and industrial clusters is of interest to the EEC and the Union countries. There is a certain potential for cooperation between the EAEU and Mexico to create new value chains and transfer technology.

"We have a solid foundation for developing joint initiatives in the form of memoranda with the Latin American Economic System and the Secretariat for Central American Economic Integration. Moreover, we propose to consider the possibility of concluding a separate memorandum with Mexico, so as to reflect the relevant areas of our possible cooperation," said the Head of the EEC Department.

Nikolay Kushnarev expressed his hope for further fostering of dialogue with Mexican government agencies and businesses and invited his colleagues to participate in the Eurasian Economic Forum in June this year in Minsk.