PRESIDENT Higgins met with the President Pena Nieto of Mexico today at the National Palace where seven bilateral agreements were signed creating jobs and investment in Ireland as well as promoting third level exchanges.
Declan Ryan, son of Irish aviation entrepreneur Tony Ryan signed one of the agreements today. Declan is Vice Chairman of VivaAerobus which announced the purchase of a new Airbus A320 craft. The part-owned Irish company VivaAerobus is a low cost airline which launched in Mexico in 2007.
Another large deal signed today was by Irish pharmaceutical company Randox Teoranta with headquarters in Northern Ireland. Thirty jobs will be created in Ireland initially with strong potential for more job creation. The deal means over $US 8m of new business in two years.
DCU President Brian McCraith signed a letter of understanding with a technical college in Mexico opening the way for foreign students to study in Ireland at third level. Dr Philip Matthews of the National College of Ireland also signed a similar deal. Travelling students contribute substantially to the Irish economy when fees, accommodation and living expenses are accounted for.
President Higgins spoke to the media after the private meeting saying they had "discussed developments in Europe, and the international economic situation."
He continued be declaring that "We are set on a course of sustainable growth, based on a real economic performance, which actively address the European wide problem of unemployment."
President Nieto who governs over 110m people was invited by Higgins to "pay a return visit" to Ireland.
The Irish President concluded his post meeting press conference by saying "Our recovery is supported by factors such as our continued attractiveness as a location for investment, and in particular our strong exports which have driven our return to modest growth."