Picture of Audiocodes logo

AUDC Audiocodes News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousSmall CapNeutral

Mexico accepts Israeli offer to help develop Central America (updated)

(Adds details on trade pact and plan for Central America) 
    MEXICO CITY, Sept 14 (Reuters) - Mexico President Enrique 
Pena Nieto said on Thursday that his country had accepted 
Israel's offer to help it and the United States develop Central 
America, as Israel and Mexico seek to deepen business ties. 
    Speaking at a news conference with Israeli Prime Minister 
Benjamin Netanyahu, Pena Nieto added that the two nations had 
agreed to update their free trade agreement, which was signed in 
2000. 
    "We have agreed to establish and begin the ... negotiations 
to look over this agreement so that the commercial relationship 
between both nations intensifies and grows," he said. 
    Netanyahu was joined by a business delegation including 
representatives from communications firm AudioCodes Ltd 
 AUDC.TA , cyber security firm Verint Systems Inc  VRNT.O  and 
Mer Group  MTSL.O , which specializes in telecommunications and 
cyber security. 
    In Central America, Pena Nieto said Israel's assistance 
could bolster the United States and Mexico's efforts in the 
region, particularly in Guatemala, El Salvador and Honduras. He 
noted that Israel brings experience from carrying out 
development projects in Africa. 
    The United States and Mexico have been seeking to encourage 
investment in infrastructure improvements in Central America's 
so-called Northern Triangle in an effort to stem migration to 
the United States. 
    Netanyahu's trip marked the first visit to Mexico by a 
sitting Israeli prime minister, Pena Nieto said. At the close of 
the news conference, Netanyahu invited Pena Nieto to Jerusalem. 
    The relationship between the nations was strained earlier 
this year by a tweet in which Netanyahu appeared to praise U.S. 
President Donald Trump's plans to build a wall on the Mexican 
border. Israeli President Reuven Rivlin later issued a statement 
apologizing for any misunderstanding.  urn:newsml:reuters.com:*:nL5N1FL6A4 
 
 (Reporting by Julia Love and Sharay Angulo; additional 
reporting by Stefanie Eschenbacher) 
 ((Julia.Love@thomsonreuters.com, @byJuliaLove; 
52)(55)(5282-7131;)) 
 
Keywords: MEXICO ISRAEL/

Recent news on Audiocodes

See all news