Business news from Ukraine

Business news from Ukraine

Ukrainians’ attitudes toward Mexico – study by Experts Club

The vast majority of Ukrainians have a neutral attitude toward Mexico, although positive assessments significantly outweigh negative ones. This is evidenced by the results of a study conducted by Active Group in collaboration with Experts Club.

According to the survey, 19.7% of respondents have a positive opinion of Mexico (15.3% — mostly positive, 4.3% — completely positive). A negative attitude is held by 10% of respondents (9% — mostly negative, 1% — completely negative). At the same time, the majority of Ukrainians — 67% — take a neutral position, while another 3.3% admitted that they are not familiar with the country.

At the end of the first half of 2025, trade turnover between Ukraine and Mexico amounted to $169.1 million, of which exports from Ukraine amounted to $28.9 million and imports from Mexico amounted to $140.1 million. The negative balance amounted to $111.2 million.

“The high level of neutrality towards Mexico is explained by the country’s remoteness and limited direct contacts. At the same time, trade between Ukraine and Mexico is showing some momentum, although the structure of relations is currently unbalanced — Ukrainian exports are significantly lower than imports,” said Experts Club founder Maksim Urakin.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Mexican Embassy in Ukraine celebrated country’s 215th anniversary of independence

The Embassy of the United Mexican States in Ukraine held a formal diplomatic reception in Kyiv to mark the 215th anniversary of Mexican Independence Day. The event took place at the Hyatt Regency Hotel.

In his speech, the Ambassador Extraordinary and Plenipotentiary of Mexico to Ukraine, Audensio Contreras Gonzalez, emphasized the significance of this holiday for the Mexican people and thanked the Ukrainian authorities and diplomatic corps for their assistance in developing bilateral relations.

“Mexico highly values its friendship and cooperation with Ukraine. Our foreign policy is based on respect for the right of peoples to self-determination, peaceful settlement of disputes, non-interference, and international cooperation,” the diplomat stressed.

He also noted that more than three years after the start of the war in Ukraine, Mexico hopes to intensify diplomatic efforts that will allow the conflict to be resolved through negotiations.

The ambassador stressed that bilateral relations between Mexico and Ukraine are developing in the areas of trade, investment, culture, and education, and that the countries are striving to further strengthen them. “May the friendship between Mexico and Ukraine continue to grow stronger, and may our partnership contribute to a future filled with mutual understanding, cooperation, and prosperity,” he said.

Mexico recognized Ukraine’s independence on December 24, 1991. Diplomatic relations between the countries were established on January 14, 1992.

The Embassy of Ukraine in Mexico opened in 1997, and the Embassy of Mexico in Ukraine opened in 2005.

The current Mexican ambassador to Ukraine, Audensio Contreras Gonzalez, presented his credentials to the President of Ukraine on August 16, 2024 (copies of the credentials were presented on June 18, 2024).

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Mexico and Ukraine signed memorandum on scientific cooperation in Antarctica

The National Antarctic Scientific Center (NASC) and the Mexican Antarctic Research Agency (AMEA) signed a memorandum on scientific cooperation in Antarctica in Mexico City on Monday, August 11. signed a memorandum on scientific cooperation in Antarctica in Mexico City, which provides for joint Ukrainian-Mexican research aboard the icebreaker Noosfera and at the Akademik Vernadsky station, according to the NANC.

NASU President Yevhen Dykyi noted that it is strategically important to study the Antarctic ecosystem in the context of climate change and to involve more countries in this effort.

“Antarctica is a unique global laboratory where scientists from any country can work together across national borders on global science and study processes that affect not only Antarctica but the entire planet… It is a great honor and pleasure for us to become a bridge to Antarctica for those countries that are just beginning their journey there, and we look forward to welcoming our Mexican colleagues to the Vernadsky station and aboard the Noosfera,” he said.

AMEA President Patricia Valdespino emphasized that cooperation with Ukraine is a “happy opportunity” for Mexico.

“It is a happy occasion that the National Autonomous University of Mexico (UNAM), in particular the Institute of Marine Sciences and Limnology (ICMyL), the National School of Earth Sciences, and tomorrow the Faculty of Natural Sciences, are involved in the launch of this project, its successful implementation, and the exchange of information with Mexicans. We are committed to actively participating in decisions that improve our relationship with the planet through science, technology, and sustainable development,” she said.

It is noted that, in addition to scientific interest, “Antarctic diplomacy” is of great importance for Ukraine, as it is becoming an increasingly important instrument of “soft power” and strengthening our country’s position in the Global South, in particular through the expansion of bilateral cooperation with Latin American countries.

 

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New Ambassador of Ukraine to Mexico appointed

The President has signed Decree No. 528/2025, appointing Sergiy Pogoreltsev Ambassador Extraordinary and Plenipotentiary of Ukraine to Mexico (including accreditation in Panama, Belize, Guatemala and Costa Rica).

Pogoreltsev is a career diplomat who has represented Ukraine in Spain, Andorra and the World Tourism Organization since 2020. Diplomatic relations between Ukraine and Mexico were established in 1992.

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Mexico to prepare mirror measures in response to US duties

Mexican President Claudia Sheinbaum has instructed the country’s Economy Ministry to prepare all possible measures in response to the US imposition of import duties on Mexican goods, calling the White House’s accusations against the Mexican government regarding its ties to criminal organizations slanderous.

“I am instructing the Minister of Economy to implement Plan B, which we are working on, which includes tariff and non-tariff measures to protect Mexico’s interests,” Sheinbaum wrote on social media platform X.

She also accused the United States of ineffectively combating the spread of fentanyl and supplying weapons to criminal groups in Mexico.

Sheinbaum suggested that Trump create a working group with the participation of the best experts in the field of public health and security, solving the problems “not through the introduction of tariffs, but through negotiations and dialogue.”

As reported, Trump is set to sign an executive order next week imposing 25% tariffs on goods imported from Mexico and Canada and 10% on goods imported from China. At the same time, duties on energy from Canada will be 10% and will affect the entire Canadian energy sector, including oil, gas, and electricity.

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US imposes duties on goods from Canada, Mexico and China

US President Donald Trump has signed a decree imposing duties on goods from Canada, China and Mexico. The rates for products from Canada and Mexico will be up to 25%, and for Chinese goods – 10%.

Trump explained this decision by the need to combat illegal migration and drug smuggling.

Previously, the US, Canada, and Mexico had a free trade agreement, the USMCA, signed by Trump in his first term in office. The new duties could have a negative impact on the economies of Canada and Mexico, which could lose up to 2% of GDP. For the United States, the consequences will be less severe, with a 0.3% decline in GDP projected.

Canada and Mexico have already expressed disappointment with Washington’s decision. Ontario Premier Doug Ford said that Canada would be forced to respond with tough measures. Mexico, which is the largest trading partner of the United States, may also suffer significant losses, as more than 80% of its exports go to the United States.

The new duties will also affect German automotive companies such as Volkswagen, Audi, BMW, and Mercedes-Benz, which use Mexico as a production base for supplies to the US market. Experts fear that Chinese manufacturers, faced with barriers in the US, will increase pressure on European markets, which could lead to price wars.

The United Steelworkers trade union called on the White House to reconsider the decision, emphasizing that the duties harm both Canada and the United States. At the same time, Canada is considering diversifying its trade ties to reduce its dependence on the United States.

Source: https://amp.dw.com/ru/prezident-ssa-vvel-posliny-na-tovary-iz-kanady-kitaa-i-meksiki/a-71484154

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