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SINGAPORE — Mexico has submitted a memorandum of understanding to Singapore “to foster links with Singapore in film co-production,” Rogelio Granguillhome, the Ambassador of Mexico to Singapore, told Variety.

“The Media Development Authority of Singapore is working on the draft and is assessing our proposal and we are waiting for a reply from them, I hope soon,” said Granguillhome.

The ambassador also revealed that the Singapore film industry has displayed keen interest in working with Mexico and two co-production films are waiting for the treaty to be signed in order to commence production.

Granguillhome was speaking on the sidelines of a panel discussion on Nov. 28 as part of the Singapore International Film Festival’s Spotlight on Mexican Cinema. Panelists included Cristina Velasco, director of production at the Instituto Mexico de Cinematografia, and filmmakers Javier Espada, director of the documentary “Following Nazarin,” and Celso García, writer/director of the Guillermo del Toro-produced “The Thin Yellow Line”.

Both films are screening at the festival alongside Gabriel Ripstein’s “600 Miles” and Ernesto Contreras’ “The Obscure Spring.”

The panel highlighted the tax and distribution funds and incentives available in Mexico. Velasco said that multiple Bollywood filmmakers who wish to explore Mexico as a new location for Indian song and dance spectaculars have approached her. “

That makes Mexico a film destination,” Velasco said.