Mexico City. The Secretary of Foreign Affairs, Juan Ramón de la Fuente, encouraged Japanese companies to take advantage of the context of the beginning of the government of President Claudia Sheinbaum Pardo to renew their confidence and continue investing in Mexico.
When leading the opening of the commemoration of the 60th anniversary of the Japanese Chamber of Commerce and Industry in Mexico, De la Fuente welcomed various investment projects announced by businessmen from the Asian country, among them that of Toyota for 1,450 million dollars , which together amount to more than 2.2 billion dollars, mainly in the automotive sector, according to a statement.
Before managers and representatives of Japanese companies in Mexico, the chancellor said that the trade and investment exchange between Mexico and Japan is supported by a solid institutional framework under the protection of the Mexico-Japan Economic Association Agreement, which in 2025 will be in force for 20 years. . It is Mexico’s only bilateral free trade agreement in the Asia-Pacific; and also highlighted the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TIPAT), of which both countries are founding members.
He referred to the success of the economic relationship that unites both nations and recognized the important presence of more than 1,500 Japanese firms that operate in the country, which generate 90,000 direct jobs and contribute to the economy with a sense of corporate responsibility.
He said that, throughout its 60 years, the Japanese Chamber of Commerce and Industry of Mexico has actively participated in the consolidation of the economic relationship between Mexico and Japan.
“Mexico is ready to receive you. Have the trust of an open government willing to promote strategic projects that generate well-being in our population, in an environment in which Japanese companies can expand,” said the chancellor at the meeting where he was accompanied by the president of the Japanese Chamber. of Commerce and Industry in Mexico, Takaaki Kuga; the ambassador of Japan in Mexico, Noriteru Fukushima, and the president of the Business Coordinating Council, Francisco Cervantes Díaz.
Japan is Mexico’s sixth trading partner and the fourth largest source of foreign investment since 1999. Both countries established diplomatic relations on November 30, 1888.
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#SRE #urges #Japanese #companies #continue #investing #Mexico
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