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INTERNATIONAL > Western Hemisphere

Motegi asks Mexico to back Japanese-linked companies

  • January 6, 2021
  • , Jiji Press , 10:57 a.m.
  • English Press

Sao Paulo, Jan. 5 (Jiji Press)–Japanese Foreign Minister Toshimitsu Motegi has asked Mexican ministers to improve their country’s business environment and support Japanese companies operating there.

In their meetings with Motegi on Monday, Mexican economic minister Tatiana Clouthier and foreign minister Marcelo Ebrard expressed their willingness to cooperate.

Motegi and Clouthier welcomed a twofold increase in bilateral trade volume and a fourfold rise in the number of Japanese companies that advanced into Mexico since the two countries’ economic partnership agreement came into effect in 2005.

Motegi, now on a tour of Central and South America plus Africa, said Japanese-affiliated companies hope that Mexico will improve its business environment.

He requested that Mexico support Japanese-linked companies working to maintain their operations and employment despite a setback posed by the novel coronavirus pandemic.

Clouthier said she will share Japan’s request with the rest of the Mexican government and strive to improve the business environment.

Motegi also called on the Mexican side to share information with Japanese-affiliated companies on the U.S.-Mexico-Canada trade agreement, or USMCA, which replaced the North American Free Trade Agreement, or NAFTA.

During his meeting with Ebrard, Motegi explained Japan’s efforts to realize a free and open Indo-Pacific region amid China’s moves to increase its economic and military presence.

“We hope to cooperate closely with Mexico, which plays a leadership role in Central and South America, to maintain and strengthen a free and open order,” Motegi said.

Ebrard agreed to discuss with Japan how to cooperate.

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