Spain's Crown Price Felipe offered Mexico's new president, Enrique Peña Nieto, Madrid's collaboration on its new security strategy and both have also studied the possible participation of Spanish companies in Mexico's ambitious infrastructure plan.

The prince held his first bilateral discussion with Peña Nieto on Saturday after the luncheon the latter offered at Chapultepec Castle for dignitaries who attended his inauguration.

At the meeting, the Mexican president clearly demonstrated his knowledge about Spain's current situation and the potential and quality of its companies in the infrastructure sector, officials with Spain's royal household said.

As is traditional, Felipe delivered to the Mexican leader a letter with a message from King Juan Carlos and transmitted to him an invitation to visit Spain.

Peña Nieto, as president-elect, visited Madrid in mid-October where he met with Prime Minister Mariano Rajoy and dined with the king and the crown prince.

This is the third inauguration of a Mexican president at which the prince has represented Spain, a function he began performing in 1997 throughout Latin America. EFE