Tuesday, May 6, 2014

Japan to invest in Mexico

BY VÍCTOR MAYÉN
The News
Japanese Deputy Minister of Foreign Affairs Kishi said on Monday that his country is interested in expanding its investments in Mexico, particularly in the auto parts and energy sectors, though the latter investments will have to wait until after the energy reform’s secondary legislation is approved.
Kishi’s comments were made during his official visit to Mexico, which included a visit to the Senate.
Institutional Revolutionary Party (PRI) Senator Teófilo Torres Corzo, who serves as president of the chamber’s Asia-Pacific Foreign Affairs Committee, said that Japanese investors recognize that Mexico is a country that boasts legal stability, safety and governability.
The idea is exactly this, to have a better relationship,” Torres Corzo said. “We have a good relationship, but we need to get increasingly closer to an important country like Japan to be able to open up more commercial negotiations. Many investments have already been made, and we’re going to keep working so that Japan and Mexico will keep getting closer and so that we will also have the possibility of having negotiations among common companies.”
He went on to say that, beyond the world of business, the Japanese government is also interested in expanding its academic and cultural ties with Mexico.

No comments:

Post a Comment