Official contact between Mexico and Switzerland was established in 1827. That same year, Switzerland opened a diplomatic office in Mexico City. In 1832, both nations signed a treaty of Friendship and Commerce and Mexico opened a diplomatic office in Basel. In 1945, both nations officially established diplomatic relations and in 1946, Mexico opened a diplomatic office in Bern. In 1958, both nations elevated their diplomatic missions to embassies.[1]
In 1990, Mexican President Carlos Salinas de Gortari traveled to Geneva and Davos.
[2] In November 2004, Swiss President Joseph Deiss traveled to Mexico, the first visit by a Swiss President. While in Mexico, President Deiss met with President Vicente Fox.[3] There have been several visits by leaders of both nations.
Switzerland maintains a high-level international profile due to it hosting several UN agencies and other international organizations in Geneva. Each year, the World Economic Forum is held in Davos and high-level Mexican officials, including on occasion the Mexican President; travel to Switzerland to meet with Swiss politicians and business persons.
In 2021, both nations celebrated 75 years of diplomatic relations.[4]
High-level visits
Swiss President Johann Schneider-Ammann on a visit to Mexico City, along with Mexican President Enrique Peña Nieto; November 2016.
High-level visits from Mexico to Switzerland[5][6]
Both nations have signed several bilateral agreements such as a Trade Agreement (1950); Memorandum of Understanding of Bilateral Cooperation (1991); Agreement on the Avoidance of Double-Taxation and Tax Evasion (1993); Agreement on the Promotion and Reciprocal Protection of Investments (1995); Memorandum of Understanding on Economic Cooperation (1998); Agreement in Agriculture Cooperation (2000); Treaty on Legal Assistance in Criminal Matters (2005); Agreement on Mutual Administrative Assistance in Customs Matters (2008); Memorandum of Understanding on the Cooperation between the Mexican Agency of International Cooperation for Development (AMEXCID) and the Swiss Agency for Development and Cooperation (2013); Agreement on Air Transportation (2016); Memorandum of Understanding in Health Cooperation (2016); Agreement regarding the Importation and Return of Cultural Property (2017) and an Agreement of Cinematographic Cooperation (2017).[7][8]
Education and diaspora
Colegio Suizo de México, a Swiss international primary and secondary school in Mexico catering to expatriate Swiss families; has campuses in Cuernavaca, Mexico City, and Querétaro City.[9] In 2020, approximately 6,000 Swiss citizens resided in Mexico.[10]
In 2001, Mexico signed a free trade agreement with the European Free Trade Association which includes Iceland, Liechtenstein, Norway and Switzerland. In 2023, two-way trade between Mexico and Switzerland amounted to US$3.4 billion.[11] Between 1999 and 2016, Swiss companies invested more than US$9 billion in Mexico.[12] Several Swiss multi-national companies are based and operate in Mexico, such as Credit Suisse, Holcim, Nestlé, Novartis, Roche and UBS. Mexican multinational companies such as Cemex and Vitro operate in Switzerland. In 2022, Mexican company FEMSA acquired a 97.7% stake in Swiss company Valora.[13]