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Submitted by ss on April 8, 2011 – 5:13 pmNo Comment

• The Secretary Bruno Ferrari said that the outcome of the addition to the Economic Association Agreement, new grow opportunities are crated that will benefit the agriculture and livestock sectors, in products such as orange juice, beef, pork and chicken.
• Ikuo Yamahana, Vice minister for the Parliament for Foreign Affairs from Japan, said that Mexico represent a strategic priority to the Japanese companies that seek an advantageous destination to invest.
• The head of Economy participated in the XXIX Committee Reunion Mexico-Japan
The Secretary of Economy, Bruno Ferrari, said that the addition to the Economic Association Agreement (EAA) between Mexico and Japan, signed today, will benefit particularly to the Mexican agriculture and livestock sectors that will have new opportunities to grow in products such as orange juice, beef, chicken and pork.
He detailed that also was agree to take further actions that will facilitate the trade such as new dispositions on origin rules and border procedures, that now will become more flexible, without weakening the control capacities of the authorities in both countries.
“We are using this opportunities to strength, expand and deepen the trade flows and investment under a common principle: a more efficient trade between nations translate into the wellbeing for our people. Our alliance with Japan will help us to strength the industrial sectors in Mexico”
The civil servant, during his participation in the XXIX Committee Reunion Mexico-Japan, highlighted that the main target is to strength the presence of Mexico in Japan, they are the third most important economy in the world and a strategic partner in Asia.
Ferrari commented that in the last five years, and based on the Economic Association Agreement, there has been an increase of trade and investment flows between the two economies. Japan has become Mexico’s fourth trade partner in a global scale, the third supplier and the eighth buyer.
Moreover, he detailed, that Mexico has become the first provider for products such as: mango, melon, asparagus and chick-pea to Japan, this translate in more benefits for the Mexican farmers.
Bruno Ferrari mentioned that was also agreed a compendium of benefits for the importation of manufactured goods, strengthening competitively for the industry and warranting a better price and quality of goods.
During his speech, in front of Mexican and Japanese entrepreneurs, Ferrari affirmed that all these efforts will translate in more business opportunities. Furthermore we are seeking a closer cooperation between ProMéxico and the Japanese counterpart, Jetro, in order to identify the business opportunities; moreover, to foster the development of local providers with the joint effort of the government, the auto industry and electronic goods from Japan.
In the other hand, Ikuo Yamahana, Vice minister for the Parliament for Foreign Affairs from Japan, said that Mexico represents a strategic priority for the Japanese companies that seek an attractive place to invest, not only for the geographical location, but also for the trade agreements network which it have.
Moreover, he reiterated his commitment with Bruno Ferrari to continue strengthening the Economic Association Agreement to expand the benefits for both nations.
During the event were also present Valentín Diez Morodo, President for the Comce; Miguel Ruiz Cabañas,Mexican Ambassador in Japan; Takeo Aoyama, Executive Vicepresident y General Manager of Nippon Steel USA and Carlos Guzmán, General Director of ProMéxico.

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