Hangzhou, 6th September: Last week, Alibaba Group, China’s leading e-commerce company, and Mexico’s Ministry of Economy signed a Memorandum of Understanding (MoU) agreeing to promote Mexican products.

Under the terms of the agreement, Alibaba will help Mexican small- and medium-sized enterprises (SMEs) to expand into international markets through its e-commerce platform. Alibaba will assist with logistics and payment platforms for cross-border e-commerce transactions of Mexican SMEs. Alibaba will also provide specialized training focused on e-commerce, digital payments, logistics and analytics to help Mexican SMEs growth their business.