Home / Knowledge / News / Apparel/Garments / Mexican SMEs to benefit from govt agreement with Alibaba
Mexican SMEs to benefit from govt agreement with Alibaba
11
Sep '17
Courtesy: Alibaba
Courtesy: Alibaba
China’s Alibaba Group and the Mexican Government recently signed an agreement to bring the company’s e-commerce, digital payments and logistics expertise to small- and mid-sized enterprises (SMEs) in the Latin American nation. This will allow the firms to learn Alibaba’s best practices in operations and expand into international markets, notably China.

Alibaba Group president Mike Evans and undersecretary of industry and commerce of the Mexican ministry of economy José Rogelio Garza signed the agreement on September 6 in Hangzhou, according to a press release from the company. Company executive chairman Jack Ma and Mexican President Enrique Peña Nieto were present at signing ceremony.

Alibaba will create a special program for Mexico, share best practices in the operation of its logistics and payment platforms provide, and offer analytics training for consumer insight and product innovation.

The goal of such agreements, according to the company, is to provide SMEs in developing countries with the skills necessary to benefit from cross-border trade. This is the third agreement that Alibaba signed with a Latin American nation after Argentina and Brazil.

China is Mexico’s second-largest trading partner and Mexico is China’s second-largest trading partner in the Americas. Mexican agricultural products, packaged food and tourism packages are sold on Alibaba’s e-commerce platforms. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: ECOS

Textiles | On 22nd Apr 2021

ECOS urges EC to apply ecodesign principles to textile products

The international NGO Environmental Coalition on Standards (ECOS) has ...

Pic: Salvatore Ferragamo

Apparel/Garments | On 22nd Apr 2021

Salvatore Ferragamo launches new platform to discuss sustainability

Italian luxury goods company Salvatore Ferragamo has launched...

Pic: Lululemon

Apparel/Garments | On 22nd Apr 2021

Canadian retailer Lululemon announces sustainability initiatives

Canada-based Lululemon Athletica has announced 2 new initiatives that ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Virtual reality would be the new normal

Textile Industry, Head honchos

Textile Industry
Head honchos

Farmers who produce seeds earn 50 per cent more

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search